Australian Apprenticeship Support Loans Act 2014

CHAPTER 3 - Loan repayments  

PART 3.1 - INCURRING DEBTS  

Division 3 - Accumulated AASL debts  

SECTION 37   ACCUMULATED AASL DEBT DISCHARGES EARLIER DEBTS  

37(1)    
The accumulated AASL debt that a person incurs on 1 June in a financial year discharges, or discharges the unpaid part of:

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

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

37(2)    

Nothing in subsection (1) affects the application of Division 2 or sections 31 , 35 and 35A .