Higher Education Support Amendment (2008 Budget Measures) Act 2008 (43 of 2008)

Schedule 1   HECS-HELP benefit

Higher Education Support Act 2003

12   At the end of Subdivision 154-D

Add:

154-85 Reduction of compulsory repayment amount by HECS-HELP benefit

(1) This section applies if the *Commissioner has determined, in respect of a person, an amount of *HECS-HELP benefit under section 157-20 for an *income year.

(2) For the purposes of this Subdivision, a *compulsory repayment amount of a person in respect of an *income year is to be reduced by the amount of *HECS-HELP benefit determined by the *Commissioner in respect of the person for that year.

Note: If a determination is reviewed, a reference to the determination includes a reference to the decision on review, see section 157-30.