Higher Education Support Act 2003
The " accumulated HELP debt that a person incurs on 1 June in a financial year discharges, or discharges the unpaid part of:
(a) any *HELP debt that the person incurred during the calendar year immediately preceding that day; and
(b) any accumulated HELP debt that the person incurred on the immediately preceding 1 June.
140-35(2)
Nothing in subsection (1) affects the application of Division 137 , Subdivision 140-B or section 140-25 .
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