Section 123XPG — Social Security (Administration) Act 1999: Deductions from relocation scholarship payments
Text of the provision Official document
Scope (1) This section applies if: (a) a person is subject to the income management regime; and (b) a relocation scholarship payment is payable to the person. Deductions from payment (2) The following provisions have effect: (a) the Secretary must deduct from the relocation scholarship payment the deductible portion of the payment; (b) an amount equal to the deductible portion of the payment is credited to the Income Management Record; (c) an amount equal to the deductible portion of the payment is credited to the person’s income management account. (3) For the purposes of subsection (2), the deductible portion of a relocation scholarship payment is: (a) 100% of the amount of the payment; or (b) if a lower percentage is specified in a legislative instrument made by the Minister for the purposes of this paragraph—the lower percentage of the amount of the payment.
Official source: Federal Register of Legislation
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