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

Schedule 1   Debt reduction

Part 1   Amendments

Social Security Act 1991

52   At the end of subsection 1061ZVEC(1)

Add:

Note: The formula in this subsection is modified for the purposes of working out a person's accumulated SSL debt for the financial year starting on 1 July 2024: see section 1061ZVECA.