Higher Education Support Act 2003

Chapter 4 - Repayment of loans  


Division 151 - How is indebtedness voluntarily discharged?  

SECTION 151-15   151-15   Refunding of payments  

(a) a person pays an amount to the Commonwealth under this Division; and

(b) the amount exceeds the sum of:

(i) the amount required to discharge the total debt that the person owed to the Commonwealth under this Chapter; and

(ii) the total amount of the person's primary tax debts (within the meaning of Part IIB of the Taxation Administration Act 1953 );

the Commonwealth must refund to the person an amount equal to that excess.


Interest is payable if the Commonwealth is late in paying refunds: see Part IIIA of the Taxation (Interest on Overpayments and Early Payments) Act 1983 .

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