Australian Apprenticeship Support Loans Act 2014

CHAPTER 2 - Loan PAYMENTS  

PART 2.1 - QUALIFICATION AND PAYABILITY  

SECTION 9  

9   LIFETIME LIMIT  

If, on a day, the sum of the instalments of Australian apprenticeship support loan:

(a)    that have been paid to the person; and

(b)    that are to be paid to the person in relation to an instalment period of the person in accordance with section 23 ;

totals the lifetime limit, then:

(c)    the person ceases to be qualified for Australian apprenticeship support loan immediately after that day; and

(d)    the person cannot again qualify for Australian apprenticeship support loan (even if the lifetime limit is increased after that day).