Higher Education Support Act 2003

Chapter 4 - Repayment of loans  


Division 140 - How are accumulated HELP debts worked out?  

Subdivision 140-C - Accumulated HELP debts  

SECTION 140-35   Accumulated HELP debt discharges earlier debts  

The " accumulated HELP debt that a person incurs on 1 June in a financial year discharges, or discharges the unpaid part of:

(a) any *HELP debt that the person incurred during the calendar year immediately preceding that day; and

(b) any accumulated HELP debt that the person incurred on the immediately preceding 1 June.

Nothing in subsection (1) affects the application of Division 137 , Subdivision 140-B or section 140-25 .

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