Student Assistance Act 1973

Part 2 - ABSTUDY student start-up loans  

Division 6 - Tax administration matters  

SECTION 11H   CHARGES AND CIVIL PENALTIES FOR FAILING TO MEET OBLIGATIONS  

11H(1)    
Part 4-25 in Schedule 1 to the Taxation Administration Act 1953 has effect as if:

(a) any compulsory ABSTUDY SSL repayment amount of a person were income tax payable by the person in respect of the income year in respect of which the assessment of that debt was made; and

(b) paragraph 7C(1)(c) , and Divisions 3, 4 and 5 and this Division, were income tax laws.

11H(2)    
Subsection (1) does not have the effect of making a person liable to a penalty for any act or omission that happened before the commencement of this subsection.