Budget Savings (Omnibus) Act 2016 (55 of 2016)

Schedule 3   Removal of HECS-HELP benefit

Higher Education Support Act 2003

10   Section 154-40

Repeal the section, substitute:

154-40 Notification of notices of assessment of tax


(a) the *Commissioner is required to serve on a person a notice of assessment in respect of the person's income of an *income year under section 174 of the Income Tax Assessment Act 1936; and

(b) the Commissioner has made, in respect of the person, an assessment under section 154-35 of this Act of the amounts referred to in that section; and

(c) notice of the assessment under that section has not been served on the person;

notice of the assessment under that section may be served by specifying the amounts concerned in the notice referred to in paragraph (a).