HIGHER EDUCATION FUNDING ACT 1988

CHAPTER 5B - LIMIT ON STUDENT DEBT TO COMMONWEALTH  

Part 5B.1 - Preliminary  

SECTION 106ZB   Definitions  

106ZB(1)    

In this Chapter, unless the contrary intention appears:

census date
means:

(a) when used in relation to a loan under section 57 or 98G - census date within the meaning of Chapter 4 ; or

(b) when used in relation to a loan under section 98ZA - census date within the meaning of Chapter 4B ; or

(c) when used in relation to a loan under section 106D - census date within the meaning of Chapter 5 .

loan limit notice
means a notice given under subsection 106ZE(1) .

maximum permitted debt
means the amount specified in a determination in force under section 106ZD .

study period
means:

(a) when used in relation to a loan under section 98ZA - study period within the meaning of Chapter 4B ; or

(b) when used in relation to a loan under section 106D - study period within the meaning of Chapter 5 .

suspension notice
means a notice given under subsection 106ZH(1) .

total indebtedness under this Act
has the meaning given by subsection (3).

106ZB(2)    

Expressions used in this Chapter that are defined in Chapter 4 , 4A , 4B , 5 or 5A have in this Chapter, unless the contrary intention appears, the same meanings as in Chapter 4 , 4A , 4B , 5 or 5A (as the case may be).

106ZB(3)    
A person's total indebtedness under this Act at a time is the sum of:

(a) the person's accumulated HEC debt as at the most recent 1 June before that time; and

(b) the semester debt or semester debts that:

(i) the person owes to the Commonwealth; and

(ii) were incurred after that 1 June;

reduced by any payments made after that 1 June in reduction of the debts mentioned in paragraph (a) or (b).