Document ID: chunk:federal_register_of_legislation:C2015A00144:clause:1_124pj
Version: federal_register_of_legislation:C2015A00144
Segment Type: clause
Provision Reference: sch 1 cl 124PJ
Character Range: 10625–11612

124PJ  Restrictable payment to be split into restricted and unrestricted portions
 (1) If an instalment of a restrictable payment is payable to a trial participant or voluntary participant:
 (a) 80% of the gross amount of the payment is restricted (the restricted portion); and
 (b) 20% of the gross amount of the payment is unrestricted (the unrestricted portion).
 (2) If a restrictable payment is payable to a trial participant or voluntary participant otherwise than by instalments, 100% of the gross amount of the payment is restricted.
 (3) The Minister may, by legislative instrument, vary the percentage amounts in paragraphs (1)(a) and (b) and subsection (2).
 (4) The Minister may, by legislative instrument, determine whether the varied percentage amounts are to apply:
 (a) both:
 (i) in respect of a particular class of person; and
 (ii) in relation to a particular trial area; or
 (b) in relation to a particular trial area.
 (5) This section is subject to section 124PK.