Higher Education Support Amendment (2008 Budget Measures) Act 2008 (43 of 2008)

Schedule 1   HECS-HELP benefit

Higher Education Support Act 2003

16   Clause 1 of Schedule 1


HECS-HELP benefit means a benefit for an *income year that:

(a) if a *compulsory repayment amount is required to be paid - has the effect of reducing the amount actually payable for that year; and

(b) if a compulsory repayment amount is not required to be paid - reduces a person's *accumulated HELP debt for that year.