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StatuteSocial Security (Administration) Act 1999

Section 123F — Social Security (Administration) Act 1999: Payment of instalments etc. to payment nominee

Text of the provision Official document

(1) If: (a) a person has a payment nominee; and (b) the whole or a part of a relevant payment is payable to the person, or would, but for subsection 45(1), be so payable; and (c) the Secretary has given a direction in relation to the relevant payment under section 123B; the relevant payment is to be paid in accordance with the direction. (2) An amount paid to the payment nominee of a person: (a) is paid to the payment nominee on behalf of the person; and (b) is taken, for the purposes of the social security law (other than this Part), to have been paid to the person and to have been so paid when it was paid to the nominee. (3) An amount that is to be paid to the payment nominee of a person must be paid to the credit of a bank account nominated and maintained by the nominee. (4) The Secretary may direct that the whole or a part of an amount that is to be paid to a payment nominee be paid to the payment nominee in a different way from that provided for by subsection (3). If the Secretary gives such a direction, an amount to which the direction relates is to be paid in accordance with the direction. (5) Subsections (3) and (4) do not apply in the case of a person who is a payment nominee by virtue of paragraph (b) of the definition of payment nominee in section 123A.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.