Commonwealth Consolidated Acts Commonwealth Consolidated ActsAcceptance of obligation to pay instalments
(1) The acceptance notice must contain a declaration to the effect that the employer accepts the employer's obligation to pay instalments to the person.
(2) The acceptance notice must contain the following information ( bank account information ) about an account held and maintained by the employer with a financial institution into which PPL funding amounts can be paid:
(a) the account number;
(b) the BSB number of the account;
(c) the name in which the account is held;
(d) the name of the financial institution.
(3) The acceptance notice must contain the following information ( pay cycle information ) for the person:
(a) the person's instalment period;
(b) the first day of the first instalment period for the person that overlaps with the person's continuous flexible period for the child;
(c) the payday and the payroll cut - off for an instalment that would be payable for the first instalment period for the person.
PPL rules may specify additional information
(4) The acceptance notice must also contain any information prescribed by the PPL rules.
Employer may confirm bank account information in election
(5) Subsection (2) does not apply if:
(a) the person's employer has made an election under section 109 that applies to the person; and
(b) the acceptance notice contains a declaration to the effect that the employer's bank account information given in the notice under subsection 109(1) is correct in relation to the person.