VET Student Loans Act 2016

PART 3A - VETSL DEBTS  

Division 2 - VETSL debts  

SECTION 23BAA   REDUCTION IN VETSL DEBTS INCURRED BETWEEN 1 JANUARY AND 1 JUNE 2025  

23BAA(1)    
This section applies if, under section 23BA , a person incurs a VETSL debt during the period beginning on 1 January 2025 and ending on 1 June 2025.

Note:

Certain VETSL debts are taken to have been incurred on 1 June 2025: see paragraph 23BA(3A)(b) .


23BAA(2)    
For the purposes of this Act, and despite subsection 23BA(2) , the amount of the VETSL debt is the amount worked out under that subsection reduced by 20%.




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