Budget Savings (Omnibus) Act 2016 (55 of 2016)

Schedule 13   Debt recovery

Part 2   Removal of 6-year limit on debt recovery

Student Assistance Act 1973

41   Application provisions - social security amendments

(1) The amendments of the Social Security Act 1991 made by this Part apply in relation to:

(a) a debt or overpayment that arises on or after the commencement of this item; and

(b) a debt or overpayment that arose before the commencement of this item, to the extent that the debt or overpayment was outstanding immediately before that commencement.

(2) Paragraph (1)(b) applies in relation to a debt or overpayment only if, immediately before the commencement of this item, action under section 1231 or 1233, or legal proceedings under section 1232, of the Social Security Act 1991 could be commenced for the recovery of the debt or overpayment.