Document ID: chunk:federal_register_of_legislation:C2013C00538:clause:4_11
Version: federal_register_of_legislation:C2013C00538
Segment Type: clause
Provision Reference: sch 4 cl 11
Character Range: 45150–45742

11  Subsection 123WL(3)
Repeal the subsection, substitute:

Lump sum payment
 (3) The residual amount is to be paid to:
 (a) the legal personal representative of the person; or
 (b) if:
 (i) the residual amount is $500 or less; and
 (ii) the Secretary has not been notified of the existence of a legal personal representative of the person; and
 (iii) the Secretary is satisfied that another person is carrying out, or will carry out, an appropriate activity in relation to the estate or affairs of the person;
  that other person;
as a single lump sum on a day determined by the Secretary.