Universities Accord (Cutting Student Debt by 20 Per Cent) Act 2025 (30 of 2025)

Schedule 1   Debt reduction

Part 1   Amendments

Australian Apprenticeship Support Loans Act 2014

2   After subsection 27(1)

Insert:

(1A) For the purposes of subsection (1), the relevant day is:

(a) unless paragraph (b) applies - the day the instalment is paid; or

(b) if the instalment should have been paid on or before 1 June 2025 but was paid after 1 June 2025 as a result of an administrative error - 1 June 2025.