Commonwealth Consolidated Acts Commonwealth Consolidated ActsScope
(1) This section applies if:
(a) a person (the first person ) is subject to the income management regime; and
(b) the first person's income management account has a credit balance; and
(c) the first person does not have a Part 3B payment nominee.
Direct payment
(2) The Secretary may, on behalf of the Commonwealth:
(a) pay an amount to the credit of a bank account held by the first person (whether alone or jointly or in common with another person); or
(b) with the consent of the first person, pay an amount to the credit of a bank account held by a third person (whether alone or jointly or in common with another person); or
(c) if:
(i) the first person is subject to the income management regime under section 123UF; and
(ii) under a law of Queensland, the Queensland Commission gave the Secretary a written notice stating that a specified bank account held by a third person is a nominated third party account in relation to the first person; and
(iii) the notice has not been withdrawn or revoked;
pay the amount to the credit of that bank account; or
(d) pay an amount to the first person by way of a cheque; or
(e) with the consent of the first person, pay an amount to a third person by way of a cheque; or
(f) pay an amount to the first person by way of cash; or
(g) with the consent of the first person, pay an amount to a third person by way of cash; or
(h) give the first person a stored value card that enables the first person to withdraw cash;
so long as:
(j) if paragraph (a), (b), (c), (d), (e), (f) or (g) applies--the amount paid does not exceed the credit balance of the first person's income management account; or
(k) if paragraph (h) applies--the monetary value stored on the card does not exceed the credit balance of the first person's income management account.
Income Management Record to be debited
(3) If the Secretary pays an amount under paragraph (2)(a), (b), (c), (d), (e), (f) or (g), the Income Management Record is debited by an amount equal to the amount paid.
(4) If, under paragraph (2)(h), the Secretary gives the first person a stored value card, the Income Management Record is debited by an amount equal to the monetary value stored on the card.
First person's income management account to be debited
(5) If the Secretary pays an amount under paragraph (2)(a), (b), (c), (d), (e), (f) or (g), the first person's income management account is debited by an amount equal to the amount paid.
(6) If, under paragraph (2)(h), the Secretary gives the first person a stored value card, the first person's income management account is debited by an amount equal to the monetary value stored on the card.
Criteria
(7) The Secretary must not pay an amount under paragraph (2)(a), (b), (c), (d), (e), (f) or (g) if the Secretary has reasonable grounds to believe that the whole or a part of the amount paid will be used to acquire excluded goods or excluded services.
(8) The Secretary must not give the first person a stored value card under paragraph (2)(h) if the Secretary has reasonable grounds to believe that the whole or a part of the monetary value stored on the card will be used to acquire excluded goods or excluded services.
Tax consequences
(9) If the Secretary makes a payment under paragraph (2)(a), (d) or (f) the payment does not have consequences under the income tax law for the first person.
(10) If the Secretary makes a payment under paragraph (2)(b), (c), (e) or (g), the payment does not have consequences under the income tax law for the first person or the third person.
(11) If, under paragraph (2)(h), the Secretary gives the first person a stored value card, the giving of the card does not have consequences under the income tax law for the first person.