Australian Apprenticeship Support Loans Act 2014
CHAPTER 3
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Loan repayments
PART 3.1
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INCURRING DEBTS
Division 2
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AASL debts
SECTION 27
AASL DEBTS
27(1)
If an instalment of Australian apprenticeship support loan is paid to a person, the person incurs, on the day the instalment is paid, an AASL debt to the Commonwealth of an amount equal to the amount of the instalment.
27(2)
Subsection (1) does not apply to an instalment or part of an instalment if the amount of the instalment or part is an overpayment debt.
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Hide history noteIf an instalment of Australian apprenticeship support loan is paid to a person, the person incurs, on the day the instalment is paid, an AASL debt to the Commonwealth of an amount equal to the amount of the instalment.
27(2)
Subsection (1) does not apply to an instalment or part of an instalment if the amount of the instalment or part is an overpayment debt.
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