Australian Apprenticeship Support Loans Act 2014

CHAPTER 2 - Loan PAYMENTS  

PART 2.2 - MACHINERY PROVISIONS FOR PAYMENTS  

Division 4 - Payment  

SECTION 22   PAYMENT BY INSTALMENTS  

22(1)    

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Australian apprenticeship support loan is to be paid by instalments.

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History

S 22(1) amended by No 61 of 2023, s 3 and Sch 1 item 48, by substituting " Australian apprenticeship support loan " for " Trade support loan " , effective 1 January 2024. For transitional provisions, see note under s 105(1) .

22(2)    

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The Secretary must pay an instalment of Australian apprenticeship support loan to a person, in relation to an instalment period of the person, if:

(a)    a determination is in effect granting the person ' s application for Australian apprenticeship support loan; and

(b)    the Secretary is satisfied that Australian apprenticeship support loan is payable to the person in relation to the instalment period.

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History

S 22(2) amended by No 61 of 2023, s 3 and Sch 1 item 49, by substituting " Australian apprenticeship support loan " for " trade support loan " (wherever occurring), effective 1 January 2024. For transitional provisions, see note under s 105(1) .

22(3)    
The instalment is to be paid to the person on the day after the end of the instalment period that is determined by the Secretary to be the earliest day on which it is reasonably practicable to make the payment.

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