Education Legislation Amendment (2019 Measures No. 1) Act 2019 (103 of 2019)
Schedule 2 HELP debt arrangements for very remote HELP debtors
Part 1 Amendments
Higher Education Support Act 2003
6 Subsection 140-10(1)
Omit all the words before the method statement, substitute:
(1) The HELP debt indexation factor for a person for 1 June in a financial year is the number (rounded to 3 decimal places):
(a) if the *Secretary has determined, under section 142-10, that the indexation of the person's *accumulated HELP debt for the financial year is to be reduced - worked out using the formula in subsection (1A); and
(b) in any other case - worked out as follows:
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