Social Security (Administration) Act 1999

This section applies if:

a person is subject to the income management regime under subsection 123UF(2); and

a category S welfare payment is payable to the person otherwise than by instalments.

The following provisions have effect:

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

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

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

For the purposes of subsection (2), the deductible portion of a category S welfare payment is the percentage of the net amount of the payment determined by the Secretary in relation to the payment (rounded down to the nearest cent).

The percentage specified in the determination must not exceed 100%.