Can a notice be issued in relation to travellers’ cheques, foreign currency, shares or gold?
A section 72A notice cannot be effective against a third party who holds travellers’ cheques, foreign currency, shares or gold for a child support debtor. This is because these things are commodities and are not ‘money’. Can CSA issue a notice against Health Insurance Commission payments to a doctor? CSA is legally able to serve notices to the Health Insurance Commission requiring it to deduct amounts from ‘pay doctor cheques’ but will not do so. ‘Pay doctor cheques’ are payments made under section 20(2) of the Health Insurance Act 1973 where the practitioner has billed the patient and the patient is entitled to receive a cheque for the amount of Medicare benefit which is drawn in favour of the practitioner who has rendered the service. This is due to the administrative problems involved and the anticipated adverse effects on the patients whose doctors may have had payment stopped on their cheques. What if a property is mortgaged? A section 72A notice creates a fixed charge on all mone