Higher Education Support Act 2003
Chapter 4
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Repayment of loans
PART 4-1
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INDEBTEDNESS
Division 140
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How are accumulated HELP debts worked out?
Subdivision 140-C
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Accumulated HELP debts
SECTION 140-40
Accumulated HELP debt discharged by death
140-40(1)
Upon the death of a person who has an *accumulated HELP debt, the accumulated HELP debt is taken to be discharged.
140-40(2)
To avoid doubt, this section does not affect any *compulsory repayment amounts required to be paid in respect of the *accumulated HELP debt, whether or not those amounts were assessed before the person ' s death.
Upon the death of a person who has an *accumulated HELP debt, the accumulated HELP debt is taken to be discharged.
140-40(2)
To avoid doubt, this section does not affect any *compulsory repayment amounts required to be paid in respect of the *accumulated HELP debt, whether or not those amounts were assessed before the person ' s death.
Note:
Accumulated HELP debts are not provable in bankruptcy: see subsection 82(3AB) of the Bankruptcy Act 1966 .
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