Education and Other Legislation Amendment (VET Student Loan Debt Separation) Act 2018 (116 of 2018)

Schedule 1   Separation of VET student loan debts from HELP debts

Part 2   Consequential and contingent amendments

Trade Support Loans Act 2014

69   Section 39

Omit:

Trade support loan that is paid to a person must be repaid. Compulsory repayments start once the person's income reaches the minimum repayment income under the Higher Education Support Act 2003 and the person has finished repaying any accumulated HELP debt under that Act and any debts under certain other income-contingent loan schemes.

substitute:

Trade support loan that is paid to a person must be repaid. Once the person's income exceeds the minimum repayment income under the Higher Education Support Act 2003 and the person has finished repaying any debt under that Act and certain other income-contingent loan schemes, the person must start repaying debt in relation to trade support loan.