Higher Education Support Act 2003

Chapter 4 - Repayment of loans  

PART 4-1 - INDEBTEDNESS  

Division 137 - How do HELP debts arise?  

SECTION 137-17   STARTUP-HELP debts  

Incurring STARTUP-HELP debts

137-17(1)    
A person incurs a debt to the Commonwealth if, under section 128D-1 , the Commonwealth:

(a)    makes a loan to the person; and

(b)    uses the amount lent to make a payment in discharge of the person ' s liability to pay an *accelerator program course fee for an *accelerator program course.

The debt is a STARTUP-HELP debt .

137-17(2)    
The amount of the *STARTUP-HELP debt is the amount of the loan.

When STARTUP-HELP debts are incurred

137-17(3)    
A *STARTUP-HELP debt is taken to have been incurred by a person immediately after the *census date for the course, whether or not the Commonwealth has made a payment in respect of the person ' s *accelerator program course fee for the course.

Remission of STARTUP-HELP debts

137-17(4)    
A person ' s *STARTUP-HELP debt in relation to an *accelerator program course is taken to be remitted if an amount of *STARTUP-HELP assistance that a person received for the course is *reversed under Division 128E .