Document ID: chunk:federal_register_of_legislation:C2022C00299:clause:1_123up
Version: federal_register_of_legislation:C2022C00299
Segment Type: clause
Provision Reference: sch 1 cl 123UP
Character Range: 17303–18590

123UP  Relationship with Part 3D for Northern Territory program participants
 (1) This section applies if a person becomes a program participant under section 124PGE on a day (the trigger day).
 (2) Despite any other provision of this Part, the Secretary may, on a day (the transfer day) before the end of 60 days beginning on the trigger day, pay, to the credit of a welfare restricted bank account (within the meaning of Part 3D) maintained by the person, an amount equal to the credit balance (if any) of the person's income management account as at the end of the day before the transfer day.
 (3) Immediately after any such payment:
 (a) the Income Management Record is debited by an amount equal to the payment; and
 (b) the person's income management account is debited by an amount equal to the payment.
 (4) Subject to subsection (5) and despite any other provision of this Part, the person is not subject to the income management regime under any provision of this Part on or after the trigger day and before 1 January 2023.
 (5) Subsection (4) does not apply in relation to the person and a day if:
 (a) the person is not a program participant under section 124PGE on that day; and
 (b) the person's usual place of residence is not within the Northern Territory on that day.