184.108.40.206 Excluded Part 3B payment nominees under income management
Excluded Part 3B payment nominees
A person will not be subject to any of the income management measures if they have an excluded Part 3B payment nominee. An 'excluded Part 3B payment nominee' is defined as a payment nominee who is:
- a public trustee of a state or territory, as defined by that state or territory
- a Part 3B payment nominee who is not subject to income management, or
- an organisation.
Note: Care needs to be taken to ensure that nominee arrangements are not used as a way to avoid income management (220.127.116.11).
Act reference: SS(Admin)Act section 123TC-'excluded Part 3B payment nominee'