(1) Payments of the following amounts are absolutely inalienable, whether by way of, or in consequence of, sale, assignment, charge, execution, bankruptcy or otherwise:
(a) child care subsidy;
(b) additional child care subsidy;
(c) payments under section 67EB (fee reduction amounts);
(d) payments under section 205A or 205C (business continuity payments).
(2) Subsection (1) has effect subject to the following provisions:
(a) paragraph 67EC(5)(b) and subsection 67ED(2) (about payment of CCS or ACCS in a different way);
(b) section 84A (about setting off a person's entitlement to family assistance against a debt of the person);
(c) section 87A (setting off debts against various payments);
(d) Division 3 of Part 8B (about payments to payment nominee).