Document ID: chunk:federal_register_of_legislation:C2011C00056:clause:1_123yj:p2
Version: federal_register_of_legislation:C2011C00056
Segment Type: clause
Provision Reference: sch 1 cl 123YJ (pt 2/2)
Character Range: 102868–103607

under subsection (2), the Special Account is debited by an amount equal to the amount paid.

First person's income management account to be debited

 (5) If the Secretary pays an amount to a third person under subsection (2), the first person's income management account is debited by an amount equal to the amount paid.

Criteria

 (6) The Secretary must not, under subsection (2), pay an amount to a third person if the Secretary is satisfied that any of the relevant goods or services are excluded goods or excluded services.

Tax consequences

 (7) If the Secretary pays an amount to a third person under subsection (2), the payment does not have consequences under the income tax law for the designated nominee or the first person.