Document ID: chunk:federal_register_of_legislation:C2024C00458:section:123xpbb
Version: federal_register_of_legislation:C2024C00458
Segment Type: section
Provision Reference: s 123XPBB
Character Range: 642643–643455

123XPBB  Deductions from additional economic support payments

Scope
 (1) This section applies if:
 (a) a person is subject to the income management regime; and
 (b) an additional economic support payment is payable to the person.

Deductions from additional economic support payments
 (2) The following provisions have effect:
 (a) the Secretary must deduct from the additional economic support payment the deductible portion of the payment;
 (b) an amount equal to the deductible portion of the payment is credited to the Income Management Record;
 (c) an amount equal to the deductible portion of the payment is credited to the person's income management account.
 (3) For the purposes of subsection (2), the deductible portion of an additional economic support payment is 100% of the amount of the payment.