Document ID: chunk:federal_register_of_legislation:C2004C01135:clause:1_1061zaan
Version: federal_register_of_legislation:C2004C01135
Segment Type: clause
Provision Reference: sch 1 cl 1061ZAAN
Character Range: 23924–24936

1061ZAAN  Payment into bank account

 (1) If an amount of fares allowance is to be paid to a person, it is to be paid in the way described by this section.

 (2) Subject to this section, fares allowance is to be paid to the credit of the bank account into which payments of youth allowance, austudy payment or pensioner education supplement are or were made.

 (3) If a payment referred to in subsection (2) is not paid into an account referred to in that section, because of a direction given under subsection 559F(4), 584E(4) or 1061PZL(4), then, subject to subsection (5), fares allowance is to be paid to the credit of a bank account nominated and maintained by the person.

 (4) The person's account may be maintained by the person alone or jointly or in common with someone else.

 (5) The Secretary may direct that all or part of the amount is to be paid in a different way than to the credit of the bank account and, if the Secretary does so, the amount is to be paid in accordance with the direction.