Document ID: chunk:federal_register_of_legislation:C2010C00233:clause:9_202
Version: federal_register_of_legislation:C2010C00233
Segment Type: clause
Provision Reference: sch 9 cl 202
Character Range: 75391–76128

202  Subsections 71A(2) and (3)
Repeal the subsections, substitute:

 (2) If:
 (a) the application referred to in paragraph (1)(b) specifies that the amount, or part of the amount, received by the third party is to be credited against a specified percentage (that is less than 100%) of the amount payable under the liability; and
 (b) the Registrar is satisfied that the payer and the payee agree that the amount received is to be so credited;
then the Registrar must credit the amount, or the part of the amount, received against that percentage of the amount payable under the liability.

 (3) Otherwise, the Registrar must credit the amount, or the part of the amount, received against all of the amount payable under the liability.