Social Security (Administration) Act 1999

This section applies if:

a person is subject to the income management regime under section 123UCB or 123UCC; and

an instalment of category I welfare payment is payable to the person.

The following provisions have effect:

the Secretary must deduct from the instalment of the category I welfare payment the deductible portion of the instalment;

an amount equal to the deductible portion of the instalment is credited to the Income Management Record;

an amount equal to the deductible portion of the instalment is credited to the person’s income management account.

For the purposes of subsection (2), the deductible portion of an instalment of a category I welfare payment is:

50%; or

if another percentage (not exceeding 100%) is specified in a legislative instrument made by the Minister for the purposes of this paragraph—the other percentage;

An instrument under paragraph (4)(b) may specify different percentages in relation to different category I welfare payments.

An instrument under paragraph (4)(b) may specify a percentage that is higher than 50% only if the Minister considers the higher percentage is necessary to promote the objects of this Part.