Education Legislation Amendment (Overseas Debt Recovery) Act 2015 (154 of 2015)
Schedule 2 Repayment of accumulated TSL debts by overseas debtors
Part 2 Application provisions
10 Application of subsections 47C(1) and (2)
(1) Subsections 47C(1) and (2) of the Trade Support Loans Act 2014, as inserted by this Act, apply:
(a) to persons who leave Australia after the commencement of this item; and
(b) subject to subitem (2), to persons who, immediately before that commencement, were outside Australia.
(2) If, immediately before the commencement of this item, a person was outside Australia, subsection 47C(2) of the Trade Support Loans Act 2014, as inserted by this Act, applies in relation to that absence from Australia (but not in relation to any later absence starting after that commencement) as if:
(a) the 183 days referred to in paragraph 47C(2)(b) of that Act as so inserted were days occurring after that commencement; and
(b) that subsection as so inserted required the person to notify the Commissioner no later than 1 July 2017.
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).