The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

12.1.6 Disbursement of enhanced income management funds when a person ceases to be subject to enhanced income management

People no longer subject to enhanced income management

Where a person ceases to be subject to the enhanced income management regime, the financial institution will close the BasicsCard bank account and disburse any remaining funds to the individual within 91 days.

This includes where a BasicsCard bank account was held by a person who has died.

Last reviewed: 4 September 2023

The Australian Government acknowledges Aboriginal and Torres Strait Islander peoples throughout Australia and their continuing connection to land, water, culture and community. We pay our respects to the Elders both past and present.