Higher Education Support Act 2003

Chapter 4 - Repayment of loans  

PART 4-2 - DISCHARGE OF INDEBTEDNESS  

Division 154 - How is indebtedness compulsorily discharged?  

Subdivision 154-A - Liability to repay amounts  

SECTION 154-1   Liability to repay amounts  

154-1(1)  


If:


(a) a person ' s *repayment income for an *income year exceeds the *minimum repayment income for the income year; and


(b) on 1 June immediately preceding the making of an assessment in respect of the person ' s income of that income year, the person had an *accumulated HELP debt;

the person is liable to pay to the Commonwealth, in accordance with this Division, the amount worked out under section 154-20 in reduction of the person ' s *repayable debt.

154-1(2)  
A person is not liable under this section to pay an amount for an *income year if, under section 8 of the Medicare Levy Act 1986 :


(a) no *Medicare levy is payable by the person on the person ' s *taxable income for the income year; or


(b) the amount of the Medicare levy payable by the person on the person ' s taxable income for the income year is reduced.




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