Universities Accord (Cutting Student Debt by 20 Per Cent) Act 2025 (30 of 2025)
Schedule 2 Fairer repayment system
Part 1 Amendments
VET Student Loans Act 2016
29 Subsection 23EA(1)
Omit "so much of the person's repayable VETSL debt for the income year as does not exceed the amount worked out using the formula", substitute "the amount worked out using the following formula in reduction of the person's repayable VETSL debt".
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