A person may be assisted to make a direct payment to a third party organisation (TPO) from their income management account for payment of priority goods and services. For example, a person may organise to credit a community store account with income managed funds to purchase priority goods and services.
Store accounts will be maintained in some communities so that people being income managed can:
The range of goods and services which may be acquired by a person using an amount that has been credited to an account depends on the specific nature of the account. SS(Admin)Act Part 3B allows the accessible range to be restricted.
Example: Ben wants to direct some of his income managed funds to a local community store. The funds are credited to an account held by the store. The store owner may only allow Ben or, if he has one, Ben's nominee, to access funds from that account to purchase items from the store. Ben is not able to purchase excluded goods from the store with income managed funds on his store account.
Act reference: SS(Admin)Act Part 3B Income management regime
Last reviewed: 2 August 2010