183Periodic payment of defined benefits—Australians living

183 Periodic payment of defined benefits—Australians living overseas (a) an insurer must pay defined benefits to a person; and (b) the person is an Australian living overseas. (2) The insurer must pay the amount of treatment and care benefits and income replacement benefits to which the Australian living overseas is entitled under this chapter in the form of regular instalments (periodic payments). (3) The periodic payments must be deposited into an account the Australian living overseas has with an authorised deposit-taking institution. Note Authorised deposit-taking institution—see the Legislation Act, dictionary, pt 1. (4) The insurer must not commute defined benefits to which the Australian living overseas is, or may be, entitled to a lump sum payment. (5) The MAI guidelines may make provision for determining the (a) the period for which an Australian living overseas must live outside Australia to be eligible for periodic payments (the eligibility period); (b) the amount and frequency of periodic payments payable to an Australian living overseas.

Defined benefits—Australians living overseas and foreign nationals Part 2.9 Australian living overseas means a person injured in a motor accident who— (a) is an Australian citizen or permanent resident of Australia; and (b) lives outside Australia; and (c) has lived outside Australia for at least the eligibility period (if any); and (d) intends to live outside Australia permanently or for an extended time.