Document ID: chunk:federal_register_of_legislation:C2005C00734:clause:6_47
Version: federal_register_of_legislation:C2005C00734
Segment Type: clause
Provision Reference: sch 6 cl 47
Character Range: 157361–158748

47  At the end of section 100
Add:

 (2) If:
 (a) a person who is receiving a social security payment is given a notice under subsection 68(2); and
 (b) the notice requires the person to inform the Department of the occurrence of an event or change of circumstances within a specified period (the notification period); and
 (c) the event or change of circumstances occurs; and
 (d) the person does not inform the Department of the occurrence of the event or change of circumstances within the notification period in accordance with the notice; and
 (e) because of the event or change of circumstances, the person's working credit balance or student income bank balance is reduced to nil in an instalment period of the person that is the same as, or later than, the instalment period in which the event or change of circumstances occurs; and
 (f) either because of the reduction of the balance to nil or because of the balance having already been reduced to nil—the rate of the person's social security payment is to be reduced;
the social security payment becomes payable to the person at the reduced rate on:
 (g) if the rate reduction is attributable to the reduction of the balance to nil—the day on which the balance was so reduced; and
 (h) if the rate reduction is attributable to the balance having already been reduced to nil—the first day on which the opening balance was nil.