Section 123UO — Social Security (Administration) Act 1999: Termination of voluntary income management agreement

Termination by request (1) A person may, by written notice given to the Secretary, request the Secretary to terminate a voluntary income management agreement in relation to the person if: (a) the agreement has been in force for at least 13 weeks; or (b) the person has made a request (whether orally or in writing) to the Secretary to enter into a voluntary enhanced income management agreement (within the meaning of Part 3AA). (2) The Secretary must terminate a voluntary income management agreement in relation to a person as soon as practicable after the person makes a valid request under subsection (1). Grounds of termination (3) If: (a) a voluntary income management agreement in relation to a person (the first person) is in force; and (b) any of the following events occurs: (i) the first person ceases to be an eligible recipient of a category H welfare payment; (iii) in a case where the first person has a Part 3B payment nominee—the Part 3B payment nominee becomes an excluded Part 3B payment nominee; (v) the first person becomes subject to the income management regime under section 123UC, 123UCA, 123UCB, 123UCC, 123UD, 123UE, 123UF or 123UFAA; (vi) the Secretary becomes satisfied that it is not feasible for the Secretary to take action under Division 6 in relation to the first person; the Secretary must terminate the voluntary income management agreement as soon as practicable after the occurrence of the event. (3A) If: (a) a voluntary income management agreement in relation to a person is in force; and (b) the person’s usual place of residence is within the Northern Territory; the Secretary may, by written notice given to the person, terminate the agreement. The termination takes effect on a day specified in the notice (which must not be earlier than the day on which the notice is given). Limit on new voluntary income management agreements (4) If a voluntary income management agreement in relation to a person is terminated under this section, the Secretary must not enter into another voluntary income management agreement with the person within 21 days after the termination.