Section 123YR — Social Security (Administration) Act 1999: Credit of income management account in error
Text of the provision Official document
(1) If the Secretary is satisfied that an amount (the excess amount) has been credited to a person’s income management account in error, the Secretary may determine, in writing, that: (a) the person’s income management account is to be debited by one or more amounts equal to the excess amount; or (b) the person must repay to the Commonwealth, as a debt due to the Commonwealth, an amount equal to the excess amount. Note: Paragraph (b)—for debt recovery, see Chapter 5 of the 1991 Act. (2) If the Secretary makes a determination under paragraph (1)(a): (a) the Income Management Record is debited by one or more amounts equal to the excess amount; and (b) the person’s income management account is debited by one or more amounts equal to the excess amount. (3) A determination made under subsection (1) is not a legislative instrument.
Official source: Federal Register of Legislation
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