Budget Savings (Omnibus) Act 2016 (55 of 2016)
Schedule 12 Interest charge
Part 1 Amendments
Student Assistance Act 1973
42 Section 38
Insert:
relevant debt means:
(a) an amount paid under the ABSTUDY Scheme (also known as the Aboriginal Study Assistance Scheme) that should not have been paid; or
(b) an amount paid under the Assistance for Isolated Children Scheme that should not have been paid; or
(c) an ABSTUDY student start-up loan overpayment.
Note: The amount in paragraph (a) or (b) is a debt under paragraph (a) of the definition of debt in this section. The amount in paragraph (c) is a debt under paragraph (aa) of the definition of debt in this section.