{"id":"F2025L01155","name":"Social Security (Administration) (Income Management – Crediting of Accounts) Rules 2025","slug":"social-security-administration-income-management-crediting-of-accounts-rules-2025","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":106924,"registerId":"commonwealth-F2025L01155-current","compilationNumber":null,"startDate":"2026-04-03","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Name","content":"#### 1 Name\n\n This instrument is the Social Security (Administration) (Income Management – Crediting of Accounts) Rules 2025.","sortOrder":0},{"sectionNumber":"2","sectionType":"section","heading":"Commencement","content":"#### 2 Commencement\n\n Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.\n\n```html\n

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1. The whole of this instrument

The day after this instrument is registered.

\n```\n\n> Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.\n\n (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.","sortOrder":1},{"sectionNumber":"3","sectionType":"section","heading":"Authority","content":"#### 3 Authority\n\n This instrument is made under section 123WN of the Social Security (Administration) Act 1999.","sortOrder":2},{"sectionNumber":"4","sectionType":"section","heading":"Definitions","content":"#### 4 Definitions\n\n> Note: A number of expressions used in this instrument are defined in section 123TC of the Act, including the following:\n\n (a) income management account;\n (b) Income Management Record;\n (c) Part 3B payment nominee;\n (d) stored value card;\n (e) subject to the income management regime.\n In this instrument:\n\n> Act means the Social Security (Administration) Act 1999.","sortOrder":3},{"sectionNumber":"5","sectionType":"section","heading":"Schedules","content":"#### 5 Schedules\n\n Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.","sortOrder":4},{"sectionNumber":"6","sectionType":"section","heading":"Crediting the Income Management Record and a person’s income management account","content":"#### 6 Crediting the Income Management Record and a person’s income management account\n\n (1) This section specifies the circumstances in which amounts are to be credited to the Income Management Record and the income management account of a person (the affected person) and how those amounts are to be ascertained.\n (2) The circumstances are:\n (a) the threshold circumstance mentioned in subsection (3); and\n (b) any of the particular circumstances mentioned in an item of the table in subsection (6).\n (3) The threshold circumstance is that the Income Management Record and the affected person’s income management account is debited by an amount (the debited amount) for any of the following purposes:\n (a) if the affected person does not have a Part 3B payment nominee:\n (i) giving a stored value card to the person; or\n (ii) increasing the monetary value stored on a stored value card held by the person;\n (b) if the affected person has a Part 3B payment nominee:\n (i) giving a stored value card to the Part 3B payment nominee; or\n (ii) increasing the monetary value stored on a stored value card held by the Part 3B payment nominee.\n (4) For subsection (3), the debited amount may be made up of:\n (a) a single transaction for the debited amount; or\n (b) a series of transactions that, taken together, have the effect of debiting the Income Management Record and the affected person’s income management account by the debited amount.\n (5) The amount that is to be credited to the Income Management Record and an affected person’s income management account (the crediting amount) in any particular circumstances mentioned in an item of the table in subsection (6) is:\n (a) the amount shown in the item; or\n (b) if the monetary value stored on the stored value card is a lesser amount — the lesser amount; or\n (c) if no monetary value is stored on the stored value card — nil.\n\n> Note: Both the Income Management Record and the income management account are to be credited by the crediting amount.\n\n (6) The following table is for the purposes of subsections (2) and (5):\n\n| Item | Particular circumstances | Crediting amount |\n| ---- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | The Secretary agrees to a request to reduce the monetary value stored on the stored value card that is made by:(a) the affected person; or(b) if the affected person has a Part 3B payment nominee— the affected person or the Part 3B payment nominee | The amount of the requested reductionNote: In some circumstances the monetary value stored on the card could be less than the amount of the requested reduction. In that case, the reduction is limited to the stored amount: see paragraph 6(5)(b) |\n| 2 | The Secretary becomes aware that the monetary value stored on the stored value card exceeds $3,000 | The lesser of:(a) the amount by which the monetary value stored on the card exceeds $3,000; or(b) another amount determined by the Secretary in the particular case |\n| 3 | The Secretary forms the view that the affected person is unable, or is likely to be unable, to use the stored value card to acquire goods or services | The monetary value stored on the card |\n| 4 | The debited amount was debited in error | An amount equal to the debited amountNote: In some circumstances the monetary value stored on the card could be less than the debited amount. In that case, the crediting amount is limited to the stored amount: see paragraph 6(5)(b) |\n| 5 | The affected person dies and, at the time of death, an amount was stored on a stored value card issued to the person or the person’s Part 3B payment nominee (whether or not the person was subject to the income management regime at the time of death) | The monetary value stored on the card |\n| 6 | The affected person ceases to be subject to the income management regime otherwise than because of death and a request is made to the Secretary to cancel the stored value card by:(a) the affected person; or(b) if the affected person has a Part 3B payment nominee — the affected person or the Part 3B payment nominee | The monetary value stored on the card |\n\nSchedule 1—Repeals\n\nSocial Security (Administration) (Income Management – Crediting of Accounts) Rules 2015\n\n1 The whole of the instrument\n\nRepeal the instrument","sortOrder":5}],"analysis":{"flash_summary":{"complexity_score":5,"scope_assessment":{"changed":true,"description":"Schedule 1 repeals the 2015 Rules and replaces them with the current, enumerated set of circumstances and calculation rules for crediting Income Management Records and income management accounts (see s6 table). The instrument therefore alters the governing instrument for crediting stored value card balances; any change in practical scope depends on differences between the 2015 Rules and the new specific triggers and discretions now set out (s6, Schedule 1)."},"complexity_factors":["Multiple conditional triggers for crediting (s6(2)–(6): requested reductions, excess over $3,000, inability to use, errors, death, cancellation).","Calculation rules that cap credits by the actual stored value and apply ‘lesser of’ logic (s6(5), s6(6) items 1,2,4).","Secretary’s discretionary powers to determine amounts in particular cases and to form views about card use (s6(6) items 2 and 3).","Treatment of aggregated or serial debits as a single debited amount (s6(4)), requiring transactional reconciliation.","Dependence on terms defined elsewhere in the Act (definitions in s123TC referenced at s4), creating cross-references to statutory concepts (income management account, Part 3B nominee, Income Management Record, stored value card).","Administrative effects of different legal events (death, cessation from regime) triggering automatic credits (s6(6) items 5–6).","Formal repeal of the 2015 Rules (Schedule 1) — potential transitional or interpretive issues where practices changed."],"plain_english_summary":"This instrument prescribes when amounts held on stored value cards must be credited back to a person’s Income Management Record and income management account. It lists specific triggers — requested reductions, card balances over $3,000, inability to use the card, errors, death, or card cancellation — and sets how much is credited (capped by the card’s stored value). It applies to people subject to income management and their Part 3B payment nominees and gives the Secretary limited discretion in some calculations."},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"},"kimi_summary":{"content_quality":"ok","complexity_score":3,"scope_assessment":{"changed":false,"description":"The legislation maintains the same scope as its predecessor (the 2015 Rules). It continues to deal solely with crediting income management accounts in specific circumstances related to stored value cards. The 2025 instrument appears to be a straightforward re-enactment or minor update of the 2015 rules, not an expansion of scope."},"complexity_factors":["Short instrument with only 6 substantive sections plus commencement and definitions","Single operative provision (section 6) containing a straightforward table with 6 items","Minimal defined terms (only 'Act' defined; relies on existing definitions in parent Act)","Simple conditional structure: threshold circumstance + particular circumstance = crediting amount","No nested exceptions or complex cross-referencing beyond references to the parent Act","Clear tabular format for the six triggering circumstances makes the rules accessible"],"plain_english_summary":"This instrument sets rules for returning money to a person's income management account when problems arise with their stored value card — for example on request, when excess funds are found, if the card is lost/stolen/damaged, where mistaken debits occur, on the holder’s death, or when someone ceases to be subject to income management and cancels their card. It affects people under Part 3B of the Social Security (Administration) Act 1999 and their nominees, and replaces the 2015 rules."}},"importantCases":[],"_links":{"self":"/api/acts/social-security-administration-income-management-crediting-of-accounts-rules-2025","history":"/api/acts/social-security-administration-income-management-crediting-of-accounts-rules-2025/history","analysis":"/api/acts/social-security-administration-income-management-crediting-of-accounts-rules-2025/analysis","conflicts":"/api/acts/social-security-administration-income-management-crediting-of-accounts-rules-2025/conflicts","importantCases":"/api/acts/social-security-administration-income-management-crediting-of-accounts-rules-2025/important-cases","documents":"/api/acts/social-security-administration-income-management-crediting-of-accounts-rules-2025/documents"}}