Section 433 — Social Security Act 2018: Regulations: factors affecting benefits: insurance recovery

433 Regulations: factors affecting benefits: insurance recovery (1) The Governor-General may, by Order in Council, make regulations for the purposes of section 186 . (2) Regulations made under subsection (1) may (without limitation) do all or any of the following: (a) provide the grant of a benefit or the rate of benefit is subject to repayment to MSD of all or part of an insurance payment of a kind or description, or that falls within a class or definition, prescribed by the regulations: (b) provide the amount of an income-related insurance payment, a debt insurance payment, or a health or disability insurance payment must, to the extent that MSD determines, be treated as being reduced by the amount of any costs incurred— (i) by an applicant for a benefit or a beneficiary; and (ii) to obtain the payment: (c) provide a benefit, or part of a benefit, subject to repayment under the regulations,— (i) constitutes a charge on the amount of the insurance payment paid to the recipient; and (ii) is a debt due to the Crown under regulations made under section 444 ; and (iii) is recoverable under regulations made under section 444 . Compare: 1964 No 136 s 68A(5), (7), (8)