Australian Apprenticeship Support Loans Act 2014
If a designated State/Territory training authority notifies the Secretary that a person has successfully completed a qualifying apprenticeship, the Secretary must give the Commissioner a notice specifying the discount (the completion discount ) determined for the person in accordance with subsection (2) .
40(2)
The person ' s completion discount is the amount equal to 20 % of the total amount of instalments of Australian apprenticeship support loan that were paid to the person in relation to instalment periods that ended: (a) before the person ceased to be undertaking the qualifying apprenticeship; and (b) if a notice under subsection (1) has previously been given in respect of an earlier qualifying apprenticeship undertaken by the person - after the person completed the earlier qualifying apprenticeship.
View history note
Hide history note40(3)
The rules may prescribe any of the following as a designated State/Territory training authority : (a) a State; (b) a Territory; (c) an authority of a State or Territory.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
