Higher Education Support Amendment (Asian Century) Act 2013 (112 of 2013)
Schedule 1 OS-HELP assistance for study in Asia
Part 2 Application of amendments
30 Indexation of amounts in 2014
(1) Despite section 198-10 of the Higher Education Support Act 2003, the amounts set out in items 5 and 6 of the table in subsection 198-5(1) of that Act, as in force on and after the commencement of this item, are not to be indexed on 1 January 2014 in accordance with Part 5-6 of that Act.
(2) Despite Part 5-6 of the Higher Education Support Act 2003, the maximum OS-HELP amount for a period of 6 months under section 121-5 of that Act, as in force immediately before the commencement of this item, is taken to be $6,250 for a student who:
(a) is paid OS-HELP assistance on or after 1 January 2014; and
(b) either:
(i) is selected for receipt of OS-HELP assistance before 1 January 2014; or
(ii) completes the overseas study in respect of the period before 1 January 2014.