Australian Apprenticeship Support Loans Act 2014

CHAPTER 2 - Loan PAYMENTS  

PART 2.2 - MACHINERY PROVISIONS FOR PAYMENTS  

Division 1 - Simplified outline of this Part  

SECTION 12  

12   SIMPLIFIED OUTLINE OF THIS PART  

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A person who wants to be paid Australian apprenticeship support loan must make an application. The Secretary will determine the application and, if satisfied the person meets or will meet all the requirements, will also determine the rate at which Australian apprenticeship support loan is to be paid.

A determination granting a person ' s application for Australian apprenticeship support loan will cease to have effect after a certain period (unless the person ' s Australian apprenticeship support loan is cancelled before then), and the person must reapply to continue to receive Australian apprenticeship support loan.

Australian apprenticeship support loan can be cancelled, or the rate of Australian apprenticeship support loan increased or reduced, if the person ' s circumstances change.

Australian apprenticeship support loan can also be cancelled on the person ' s request.

Australian apprenticeship support loan is paid in regular instalments into the person ' s bank account.

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History

S 12 will be amended by No 61 of 2023, s 3 and Sch 1 items 34 - 39, by substituting " Australian apprenticeship support loan " for " trade support loan " (wherever occurring) in para beginning " A person who wants " , " Australian apprenticeship support loan " for " trade support loan " (wherever occurring) in para beginning " A determination " , " Australian apprenticeship support loan can " for " Trade support loan can " in para beginning " Trade support loan can be " , " Australian apprenticeship support loan increased " for " trade support loan increased " in para beginning " Trade support loan can be " , " Australian apprenticeship support loan " for " Trade support loan " in para beginning " Trade support loan can also " and " Australian apprenticeship support loan " for " Trade support loan " in para beginning " Trade support loan is paid " , effective 1 January 2024. For transitional provisions, see note under s 105(1) .

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