Education and Other Legislation Amendment (VET Student Loan Debt Separation) Act 2018 (116 of 2018)

Schedule 1   Separation of VET student loan debts from HELP debts

Part 2   Consequential and contingent amendments

Student Assistance Act 1973

42   Section 6A

Omit:

When the person's income reaches the minimum repayment income under the Higher Education Support Act 2003, and the person has finished repaying any debt under that Act, or under the Social Security Act 1991 in relation to a student start-up loan under Chapter 2AA of that Act, the person must start repaying ABSTUDY student start-up loan debt.

substitute:

Once the person's income exceeds the minimum repayment income under the Higher Education Support Act 2003 and the person has finished repaying any debt under that Act and certain other income-contingent loan schemes, the person must start repaying debt in relation to ABSTUDY student start-up loans.