Document ID: chunk:federal_register_of_legislation:C2024C00613:section:56c
Version: federal_register_of_legislation:C2024C00613
Segment Type: section
Provision Reference: s 56C
Character Range: 121873–123089

56C  Protection of the advance payment—general
 (1) An advance payment is a payment of compensation under the scheme. However, for the purposes of:
 (a) the Social Security Act 1991 and the Veterans' Entitlements Act 1986; and
 (b) any other legislation of the Commonwealth, a State or a Territory;
the payment is not to be treated as being a payment of compensation or damages.
Note: This subsection prevents an advance payment affecting other payments that may be payable to the person under legislation. For example, when determining whether a social security payment is payable, or the amount of such a payment, an advance payment is not to be taken into account.
 (2) For the purposes of the application of any law of the Commonwealth, a State or a Territory in relation to an advance payment:
 (a) the payment is absolutely inalienable, whether by way of, or in consequence of, sale, assignment, charge, execution, bankruptcy or otherwise; and
 (b) no amount may be deducted from the payment.
 (3) Subsections (1) and (2) have effect subject to subsection 56B(3).
 (4) Nothing in this Act prevents a liability insurance contract from treating an advance payment as being a payment of compensation or damages.