Document ID: chunk:federal_register_of_legislation:F2020L01225:clause:1_9
Version: federal_register_of_legislation:F2020L01225
Segment Type: clause
Provision Reference: sch 1 cl 9
Character Range: 4118–5031

9  Money management strategies
  The Secretary must consider:
 (a) what, if any, strategies (however described) the person used, during the relevant period, to manage their financial resources; and
 (b) whether it is likely that the person will continue to use those strategies, or similar strategies, to manage their financial resources in the foreseeable future.
  Examples for paragraph (a)
              * A personal or household budget.
              * A financial plan.
              * Paying bills or other expenses through Centrepay.
              * Paying bills or other expenses by direct debit from a bank account.
              * Arrange to pay major bills or debts by instalments.
              * Undertaking a course to learn or update financial skills.
              * Using lay-by services.
              * Using a BasicsCard as part of an income management arrangement under Part 3B of the Act.