Section 123XJC — Social Security (Administration) Act 1999: Deductions from category I welfare payments—instalments

Scope (1) This section applies if: (a) a person is subject to the income management regime under section 123UCB or 123UCC; and (b) an instalment of category I welfare payment is payable to the person. Deductions from category I welfare payments—instalments (2) The following provisions have effect: (a) the Secretary must deduct from the instalment of the category I welfare payment the deductible portion of the instalment; (b) an amount equal to the deductible portion of the instalment is credited to the Income Management Record; (c) an amount equal to the deductible portion of the instalment is credited to the person’s income management account. Deductible portion (4) For the purposes of subsection (2), the deductible portion of an instalment of a category I welfare payment is: (a) 50%; or (b) if another percentage (not exceeding 100%) is specified in a legislative instrument made by the Minister for the purposes of this paragraph—the other percentage; of the net amount of the instalment (rounded down to the nearest cent). (5) An instrument under paragraph (4)(b) may specify different percentages in relation to different category I welfare payments. (6) An instrument under paragraph (4)(b) may specify a percentage that is higher than 50% only if the Minister considers the higher percentage is necessary to promote the objects of this Part.