Social Security and Other Legislation Amendment (Income Support for Students) Act 2010 (17 of 2010)
Schedule 2 Scholarship payments for students
Part 2 Related amendments
Social Security (Administration) Act 1999
28 After Subdivision DB of Division 5 of Part 3B
Insert:
Subdivision DC - Student start-up scholarship payments and relocation scholarship payments
123XPF Deductions from student start-up scholarship payments
Scope
(1) This section applies if:
(a) a person is subject to the income management regime; and
(b) a student start-up scholarship payment is payable to the person.
Deductions from payment
(2) The following provisions have effect:
(a) the Secretary must deduct from the student start-up scholarship payment the deductible portion of the payment;
(b) an amount equal to the deductible portion of the payment is credited to the Special Account;
(c) an amount equal to the deductible portion of the payment is credited to the person's income management account.
(3) For the purposes of subsection (2), the deductible portion of a student start-up scholarship payment is 100% of the amount of the payment.
123XPG Deductions from relocation scholarship payments
Scope
(1) This section applies if:
(a) a person is subject to the income management regime; and
(b) a relocation scholarship payment is payable to the person.
Deductions from payment
(2) The following provisions have effect:
(a) the Secretary must deduct from the relocation scholarship payment the deductible portion of the payment;
(b) an amount equal to the deductible portion of the payment is credited to the Special Account;
(c) an amount equal to the deductible portion of the payment is credited to the person's income management account.
(3) For the purposes of subsection (2), the deductible portion of a relocation scholarship payment is 100% of the amount of the payment.