Student Assistance Act 1973

Part 4A - Financial Supplement for Tertiary Students  

Division 6 - Indebtedness existing after termination date  

Subdivision A - Introductory  

SECTION 12ZFA  

12ZFA   REDUCTION IN ACCUMULATED FS DEBT ON 1 JUNE 2025  

For the purposes of working out the accumulated FS debt incurred by a person on 1 June 2025, section 12ZF has effect as if the formula in subsection (3) of that section were omitted and substituted with the following:

[(adjusted accumulated FS debt × 0.8) × indexation factor] + later FS debts