Explanatory Memorandum
(Circulated by authority of the Minister for Education, Science and Training, the Honourable Dr Brendan Nelson MP)Schedule 5 - Technical correction
Higher Education Funding Act 1988
Repeals subsection 106Y(3) and substitutes a new subsection which provides that, in section 106Y (dealing with the application of payments), HELP debt has the same meaning as in the Higher Education Support Act 2003. This is a technical correction to make the definition of HELP debt consistent with the definition in the Higher Education Support Act 2003.