VET Student Loans Act 2016

Pt 6 heading substituted by No 76 of 2018, s 3 and Sch 3 item 131, effective 1 January 2020. No 76 of 2018, s 3 and Sch 3 items 145 and 146 contains the following transitional provisions:

…
145 Transitional - re-credited amounts  
145
If, before 1 January 2020, an amount was re-credited to a person ' s FEE-HELP balance under:

(a) Subdivision 104-B of the Higher Education Support Act 2003 ; or

(b) Subdivision 7-B of Schedule 1A to that Act; or

(c) Part 6 of the VET Student Loans Act 2016 ;

section 128-15 of the Higher Education Support Act 2003 (as amended by this Schedule) has effect as if the amount had been re-credited to the person ' s HELP balance immediately after the start of 1 January 2020.

146 Transitional - pending decisions about re-credited amounts  
146
If:

(a) an application for the re-crediting of an amount to a person ' s FEE-HELP balance was made before 1 January 2020; and

(b) the application was made under:

(i) section 104-25 of the Higher Education Support Act 2003 ; or

(ii) clause 46 of Schedule 1A to that Act; or

(iii) section 72 of the VET Student Loans Act 2016 ; and

(c) no decision was made on the application before the commencement of this item;

the application has effect, after the start of 1 January 2020, as if it were an application for the re-crediting of the amount to the person ' s HELP balance.

…

Pt 6 heading formerly read:

PART 6 - RE-CREDITING FEE HELP BALANCES

Div 1 substituted by No 17 of 2021, s 3 and Sch 1 item 8, effective 2 March 2021.

S 67 substituted by No 17 of 2021, s 3 and Sch 1 item 8, effective 2 March 2021. S 67 formerly read:

SECTION 67 APPLICATION OF PART  
67
This Part applies if an amount of a VET student loan has been used to pay tuition fees for a student for a course, or a part of a course.

Note:

If a student ' s HELP balance is re-credited under Division 2 or 3 of this Part, the student ' s VETSL debt is taken to be remitted to the extent to which the debt relates to the loan amount concerned: see section 23BA. (For remission of debts incurred before 1 July 2019, see section 137-19 of the Higher Education Support Act 2003 ).

S 67 amended by No 116 of 2018, s 3 and Sch 1 item 75, by inserting " Division 2 or 3 of " in the note, effective 1 January 2020.

S 67 amended by No 76 of 2018, s 3 and Sch 3 item 132, by substituting " HELP balance " for " FEE-HELP balance " in the note, effective 1 January 2020. For transitional provisions, see note under Part 6 heading.

S 67 amended by No 116 of 2018, s 3 and Sch 1 item 21, by substituting " VETSL debt is taken to be remitted to the extent to which the debt relates to the loan amount concerned: see section 23BA. (For remission of debts incurred before 1 July 2019, see section 137-19 of the Higher Education Support Act 2003 ) " for " VET student loan debt is taken to be remitted to the extent to which the VET student loan debt relates to the loan amount concerned: see section 137-19 of the Higher Education Support Act 2003 " in the note, effective 1 July 2019.