Document ID: chunk:federal_register_of_legislation:C2010A00089:clause:2_53
Version: federal_register_of_legislation:C2010A00089
Segment Type: clause
Provision Reference: sch 2 cl 53
Character Range: 26094–26748

53  Subsections 123ZI(3) and (4)
Repeal the subsections, substitute:

Crediting of amounts
 (3) If the Secretary is aware of the amount (the relevant amount) that has not been applied by the relevant account holder for the purposes of the acquisition of goods or services, the Secretary may determine, in writing, that the first person's income management account is to be credited by an amount equal to the relevant amount.
 (4) If the Secretary makes a determination under subsection (3), then an amount equal to the relevant amount is:
 (a) credited to the Income Management Record; and
 (b) credited to the first person's income management account.