Document ID: chunk:federal_register_of_legislation:C2010A00093:clause:2_1061wh
Version: federal_register_of_legislation:C2010A00093
Segment Type: clause
Provision Reference: sch 2 cl 1061WH
Character Range: 44473–45093

1061WH  Amount of a matched savings scheme (income management) payment
 (1) The amount of a matched savings scheme (income management) payment payable to a person is:
 (a) the person's qualifying savings amount (as defined by section 1061WG); or
 (b) if the person's qualifying savings amount is more than $500—$500.
 (2) A matched savings scheme (income management) payment is to be paid as a single lump sum.
 (3) A person may receive one matched savings scheme (income management) payment under this Part, regardless of how many times the person qualifies for the payment.

Social Security (Administration) Act 1999