Document ID: chunk:federal_register_of_legislation:C2024C00582:section:284
Version: federal_register_of_legislation:C2024C00582
Segment Type: section
Provision Reference: s 284
Character Range: 371808–373041

284  Payment of instalments to payment nominee
 (1) If:
 (a) a person has a payment nominee; and
 (b) the whole or a part of an instalment is payable to the person; and
 (c) the Secretary has given a direction in relation to the instalment under section 280;
the instalment must be paid in accordance with the direction.
 (2) An instalment paid to the payment nominee of a person:
 (a) is paid to the payment nominee on behalf of the person; and
 (b) is taken, for the purposes of this Act (other than this Part), to have been paid to the person and to have been so paid when it was paid to the nominee.
 (3) An instalment that is to be paid to the payment nominee of a person must be paid to the credit of a bank account nominated and maintained by the nominee.
 (4) The Secretary may direct that the whole or a part of an instalment that is to be paid to a payment nominee be paid to the payment nominee in a different way from that provided for by subsection (3). If the Secretary gives such a direction, an instalment to which the direction relates must be paid in accordance with the direction.
 (5) A direction given under subsection (4) is not a legislative instrument.

Division 4—Functions and responsibilities of nominees