Higher Education Support Act 2003

Chapter 4 - Repayment of loans  

PART 4-1 - INDEBTEDNESS  

Division 140 - How are accumulated HELP debts worked out?  

Subdivision 140-C - Accumulated HELP debts  

SECTION 140-40   Accumulated HELP debt discharged by death  

140-40(1)  
Upon the death of a person who has an *accumulated HELP debt, the accumulated HELP debt is taken to be discharged.

140-40(2)  
To avoid doubt, this section does not affect any *compulsory repayment amounts required to be paid in respect of the *accumulated HELP debt, whether or not those amounts were assessed before the person's death.

Note:

Accumulated HELP debts are not provable in bankruptcy: see subsection 82(3AB) of the Bankruptcy Act 1966 .




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