Higher Education Support Act 2003

S 154-3 repealed by No 55 of 2016, s 3 and Sch 3 item 8, effective 1 July 2017. For application and saving provision, see note under Div 157 heading. S 154-3 formerly read:

SECTION 154-3 Reduction of liability by HECS-HELP benefit  
154-3
If the *Commissioner has determined, in respect of a person, an amount of *HECS-HELP benefit under section 157-20 for an income year, the amount that the person is liable to pay under section 154-1 for that year is reduced by the amount of the benefit.

Note 1:

The calculation of a person ' s compulsory repayment amount under section 154-1 remains unaffected. A person ' s accumulated HELP debt is reduced by compulsory repayment amounts under Division 140. The HECS-HELP benefit reduces a person ' s liability that arises under section 154-1, so that the amount that the person will actually pay (if any) will be less than the compulsory repayment amount calculated.

Note 2:

If a determination is reviewed, a reference to the determination includes a reference to the decision on review, see section 157-30.

S 154-3 inserted by No 43 of 2008, s 3 and Sch 1 item 8, applicable in respect of the 2008-2009 and later income years.