Universities Accord (Cutting Student Debt by 20 Per Cent) Act 2025 (30 of 2025)
Schedule 1 Debt reduction
Part 1 Amendments
Higher Education Support Act 2003
33 After section 137-19
Insert:
137-19A Reduction in HELP debts incurred between 1 January and 1 June 2025
(1) This section applies if, under a section of this Division, a person incurs a *HELP debt during the period beginning on 1 January 2025 and ending on 1 June 2025.
(2) For the purposes of this Act, and despite anything in that section, the amount of the *HELP debt is the amount worked out under that section reduced by 20%.
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