Student Assistance Act 1973

Part 6 - Overpayments arising under this Act and certain administrative schemes  

Division 2 - Recovery of debts  

SECTION 41E   EXEMPTION FROM INTEREST CHARGE - SECRETARY ' S DETERMINATION  

41E(1)    
The Secretary may determine that interest charge is not payable, or is not payable in respect of a particular period, by a person on the outstanding amount of a relevant debt.

41E(2)    
The Secretary may make a determination under this section in circumstances that include (but are not limited to) the Secretary being satisfied that the person has a reasonable excuse for:


(a) failing to enter into an arrangement under section 41F to pay the outstanding amount of the debt; or


(b) having entered an arrangement, failing to make a payment in accordance with that arrangement.

41E(3)    
The determination may relate to a period before, or to a period that includes a period before, the making of the determination.

41E(4)    
The determination may be expressed to be subject to the person complying with one or more specified conditions.

41E(5)    
If the determination is expressed to be subject to the person complying with one or more specified conditions, the Secretary must give written notice of the determination to the person as soon as practicable after the determination is made.

41E(6)    
If:


(a) the determination is expressed to be subject to the person complying with one or more specified conditions; and


(b) the person contravenes a condition or conditions without reasonable excuse;

the determination ceases to have effect from and including the day on which the contravention or the earliest of the contraventions occurred.


41E(7)    
The Secretary may cancel or vary the determination by written notice given to the person.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.