Student Assistance Act 1973
If:
(a) a person pays an amount to the Commonwealth under this Subdivision; and
(b) the amount exceeds the sum of:
(i) the amount required to discharge the total debt that the person owed to the Commonwealth under this Part; and
the Commonwealth must refund to the person an amount equal to that excess.
(ii) the total amount of the person's primary tax debts (within the meaning of Part IIB of the Taxation Administration Act 1953 );
Note:
Interest is payable if the Commonwealth is late in paying requested refunds: see Part IIIA of the Taxation (Interest on Overpayments and Early Payments) Act 1983 .
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.