Document ID: chunk:federal_register_of_legislation:C2023A00047:clause:1_73
Version: federal_register_of_legislation:C2023A00047
Segment Type: clause
Provision Reference: sch 1 cl 73
Character Range: 88996–89687

73  Subsections 123UO(1), (1A) and (2)
Repeal the subsections, substitute:

Termination by request
 (1) A person may, by written notice given to the Secretary, request the Secretary to terminate a voluntary income management agreement in relation to the person if:
 (a) the agreement has been in force for at least 13 weeks; or
 (b) the person has made a request (whether orally or in writing) to the Secretary to enter into a voluntary enhanced income management agreement (within the meaning of Part 3AA).
 (2) The Secretary must terminate a voluntary income management agreement in relation to a person as soon as practicable after the person makes a valid request under subsection (1).