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

Schedule 1   HECS-HELP benefit

Higher Education Support Act 2003

16   Clause 1 of Schedule 1

Insert:

HECS-HELP benefit means a benefit for an *income year that:

(a) if a *compulsory repayment amount is required to be paid - has the effect of reducing the amount actually payable for that year; and

(b) if a compulsory repayment amount is not required to be paid - reduces a person's *accumulated HELP debt for that year.


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).