Higher Education Support Act 2003
(a) the financial year starting on 1 July 2019; or
(b) a later financial year;
a payment was made in discharge of the whole or a part of a debt that a person owes to the Commonwealth under Chapter 4 , the *Commissioner must:
(c) notify the payment to the Secretary; and
(d) do so as soon as practicable after the end of that financial year.
The payment may be a voluntary repayment.
The payment may be in the form of the application of an amount against the debt.128-25(2)
If the Secretary is so notified, the Secretary must re-credit the person ' s *HELP balance with an amount equal to the amount of the payment. 128-25(3)
If, under section 142-15 , the *Secretary determines, during a financial year, that an amount is to be reduced from a person ' s *accumulated HELP debt, the Secretary must re-credit the person ' s *HELP balance with an amount equal to the amount reduced as soon as practicable after the end of that financial year.