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.