Federal Register of Legislation
Social Security (Administration) (Declinable Transactions and BasicsCard Bank Account) Determination 2023
I, Ray Griggs, Secretary of the Department of Social Services, make the following determination.
Dated 1 March 2023
Ray Griggs Secretary, Department of Social Services
Contents Part 1—Preliminary 1 Name 2 Commencement 3 Authority 4 Definitions 5 Schedules Part 2—Declinable Transactions 6 Declining of a transaction by a financial institution Part 3—BasicsCard Bank Account 7 BasicsCard bank account 8 Terms and conditions of BasicsCard bank account Schedule 1—Declared kinds of business pursuant to subsection 123SV(2)—By description Schedule 2—Declared kinds of business pursuant to subsection 123SV(2)—By Merchant Category codes Schedule 3—Declared kinds of business pursuant to subsection 123SV(2)—By Australian and New Zealand Standard Industrial Classification (ANZSIC) codes Schedule 4—Terms and conditions relating to the establishment, ongoing maintenance and closure of BasicsCard bank accounts Schedule 5—Repeals Social Security (Administration) (Cashless Welfare Arrangements) (Declinable Transactions and Welfare Restricted Bank Account) Determination 2019
Part 1—Preliminary
1 Name This instrument is the Social Security (Administration) (Declinable Transactions and BasicsCard Bank Account) Determination 2023.
2 Commencement (1) 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.
Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. Sections 1 to 8 and anything not elsewhere covered by this table On the day after this instrument is registered. 2. Schedules 1 to 4 On the day after this instrument is registered. 3. Schedule 5 Immediately after the commencement of Part 2 of Schedule 1 of the Social Security (Administration) Amendment (Repeal of Cashless Debit Card and Other Measures) Act 2022.
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