Trade Support Loans Amendment Act 2023 (61 of 2023)
Schedule 1 Amendments
Part 1 General amendments
Trade Support Loans Act 2014
81 Subsection 35(1)
Insert:
AASL debt repayments is the sum of all of the voluntary AASL repayments (if any) paid, on or after 1 July in the financial year and before 1 June in that year, in reduction of the AASL debts incurred in that year.
AASL debts incurred is the sum of the amounts of all of the AASL debts (if any) that the person incurred during the first 6 months of the financial year.
former accumulated AASL debt is the person's former accumulated AASL debt in relation to that accumulated AASL debt.
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