(1) For the purposes of this Part, a person is subject to the enhanced income management regime at a particular time if:
(a) at that time, a voluntary enhanced income management agreement is in force in relation to the person; or
(b) immediately before 6 March 2023, the person was a voluntary participant under section 124PH.
Cessation--former section 124PH voluntary participants
(2) If paragraph (1)(b) applies to a person, the person may make a request to the Secretary to cease to be subject to the enhanced income management regime under this section. The request cannot be withdrawn or revoked.
(3) If the person does so, the Secretary must give the person a notice stating that the person ceases to be subject to the enhanced income management regime under this section. The notice comes into force on a day specified in the notice (which must be no later than 7 days after the day on which the request was made).
(4) A notice under subsection (3) has effect accordingly.
(5) A notice under subsection (3) is not a legislative instrument.
(6) Subsection (3) does not prevent paragraph (1)(a) applying in relation to the person at a later time.
(7) A person ceases to be subject to the enhanced income management regime under paragraph (1)(b) if the person becomes subject to the enhanced income management regime under section 123SC, 123SCA, 123SCB, 123SCC, 123SCJ, 123SCL, 123SD or 123SDA.