Student Assistance Act 1973

Part 4A - Financial Supplement for Tertiary Students  

Division 3 - Payment of financial supplement  

SECTION 12L   FINANCIAL SUPPLEMENT CONTRACT EXEMPT FROM CERTAIN LAWS AND TAXES  

12L(1)    
A law of a State or Territory relating to the provision of credit or other financial assistance does not apply to a financial supplement contract.

12L(2)    
An application for the payment of financial supplement, a financial supplement contract, or an act or thing done or transaction entered into under such a contract, is not subject to taxation under any law of a State or Territory.



 

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