Document ID: chunk:federal_register_of_legislation:C2022A00077:clause:1_87
Version: federal_register_of_legislation:C2022A00077
Segment Type: clause
Provision Reference: sch 1 cl 87
Character Range: 42711–43698

87  After subsection 129AEG(1)
Insert:
 (1A) However, subsection (1) applies in relation to a recoverable amount referred to in paragraph 129AEF(1)(a) that relates to an agreement entered into with the debtor under section 92 only if:
 (a) both:
 (i) an arrangement for the payment of the recoverable amount has been entered into between the CEO and the debtor or the estate within the relevant period mentioned in subsection (1B); and
 (ii) there is a default (whether before or after the end of the relevant period) in the payment of all or part of the recoverable amount as required by the arrangement; or
 (b) at the end of the relevant period, such an arrangement has not been entered into and all or part of the recoverable amount remains unpaid.
 (1B) For the purposes of subsection (1A), the relevant period is:
 (a) the period of 3 months beginning on the day the agreement under section 92 takes effect; or
 (b) such longer period as the CEO allows.

National Health Act 1953