Social Security and Other Legislation Amendment (Technical Changes No. 2) Act 2025 (79 of 2025)

Schedule 2   Debt waivers

Part 2   Small debt waiver

Division 1   Amendments

Student Assistance Act 1973

12   Section 43D

Repeal the section, substitute:

43D Waiver of small debt

The Secretary must waive the right to recover a debt if the debt is, or is likely to be, less than the amount referred to in section 1237AAA of the Social Security Act 1991.

Note 1: The amount referred to in section 1237AAA of the Social Security Act 1991 is indexed on each 1 July (see sections 1191 to 1194 of that Act). Immediately before 1 July 2026, the amount was $250.

Note 2: If the Secretary suspects that there may have been fraud or serious non-compliance in relation to a debt waived under this section, the waiver does not prevent the Secretary from taking further appropriate action against the debtor or any other person.

Note 3: See also section 44 (non-recovery of certain amounts).