Student Assistance Act 1973
Part 2
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ABSTUDY student start-up loans
The accumulated ABSTUDY SSL debt that a person incurs on 1 June in a financial year discharges, or discharges the unpaid part of: (a) any ABSTUDY SSL debt that the person incurred during the calendar year immediately preceding that day; and (b) any accumulated ABSTUDY SSL debt that the person incurred on the immediately preceding 1 June.
9E(2)
Nothing in subsection (1) affects the application of section 8B , 8BA , 8C , 9B , 9C or 9CA .
Division 4
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Indebtedness: working out accumulated ABSTUDY SSL debts
SECTION 9E
ACCUMULATED ABSTUDY SSL DEBT DISCHARGES EARLIER DEBTS
9E(1)
The accumulated ABSTUDY SSL debt that a person incurs on 1 June in a financial year discharges, or discharges the unpaid part of: (a) any ABSTUDY SSL debt that the person incurred during the calendar year immediately preceding that day; and (b) any accumulated ABSTUDY SSL debt that the person incurred on the immediately preceding 1 June.
9E(2)
Nothing in subsection (1) affects the application of section 8B , 8BA , 8C , 9B , 9C or 9CA .