(1) This section has effect if:
(a) a person (the assurer ) has given an assurance of support that has been accepted under this Chapter; and
(b) a social security payment is received, by another person who is identified in the assurance, in respect of all or part of the period for which the assurance is in force in respect of the other person; and
(c) the social security payment is specified for the purposes of this section in a determination in force under section 1061ZZGH when the payment is received.
(2) The assurer is liable to pay the Commonwealth the amount of the social security payment.
(3) If the assurance was given by more than one person, all of the persons who gave it are jointly and severally liable to pay the Commonwealth the amount of the social security payment.