References to amounts otherwise being discharged
149A References to amounts otherwise being discharged
A reference in this Act to a person otherwise discharging an amount, other than by paying the amount, is a reference to the person satisfying the amount in full by any 1 or a combination of the following—
payment of an amount;
the payment of instalments under a payment plan;
undertaking activities under a work and development order.
Example—
The $2,000 amount of a person’s SPER debt is otherwise discharged if the person makes a payment to SPER of $250, is subject to a work and development order for $750 and enters into a payment plan for the remaining $1,000.
However, the person ceases to be satisfying the amount if—
the person is satisfying all or part of the amount through the payment of instalments under a payment plan and the plan is cancelled; or
the person is satisfying all or part of the amount by undertaking activities under a work and development order and the order is withdrawn or revoked.
This Act’s bill:Explanatory memorandum
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