Deductions from ETR income‑managed payments
123XPK Deductions from ETR income‑managed payments
Scope
This section applies if:
a person is subject to the income management regime; and
an ETR income‑managed payment is payable to the person.
Deductions from ETR income‑managed payments
The following provisions have effect:
the Secretary must deduct from the 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 an ETR income‑managed payment is 100% of the amount of the payment.
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