(2) Subject to subregulation (3), the payment shall be made—
(a) to the claimant;
(b) into any bank in Australia to the credit of the claimant's account;
(c) to a person authorised by the claimant to receive payment;
(d) to a person authorised to receive payment by a financial institution authorised by the claimant to receive payment under paragraph (c);
(e) to a person authorised by power of attorney to receive the payment;
(f) to the legal personal representative of the claimant, after production of probate or letters of administration;
(g) to a trustee in bankruptcy to whom the right to receive payment has devolved;
(h) to an authority appointed or authorised to administer or collect the estate of a deceased claimant; or
(i) to any person other than the original claimant to whom the Minister approves of payment being made.
(3) Payment of an account shall only be made in accordance with paragraph (2) (b), (c) or (d) in the circumstances set out in, and in accordance with, directions given by the administrative head.