You are here

7.11.7 Wages/salary payment notice rate determination

7.11.7.1If DVA holds current (i.e. no more than 3 months old) information about the debtor's financial circumstances, payment notice instalments should be set at a reasonable rate according to that information.

7.11.7.2Where no current financial information is available, the rate of payment notice recovery on a debtor's wages or salary should be 10% of the debtor's gross wage/salary or $50 per week, whichever is greater.

7.11.7.3If the debtor requests a review of the repayment rate because of hardship, see paragraph 7.9.4 Hardship earlier in this chapter.

7.11.7.4Care should be taken that the amount being pursued by payment notice recovery does not adversely affect the debtor's incentive to remain in employment.