Commonwealth Consolidated Acts

HIGHER EDUCATION SUPPORT ACT 2003 - SECT 154.3

                   If the * Commissioner has determined, in respect of a person, an amount of * HECS-HELP benefit under section 157-20 for an * income year, the amount that the person is liable to pay under section 154-1 for that year is reduced by the amount of the benefit.

Note 1:       The calculation of a person's compulsory repayment amount under section 154-1 remains unaffected. A person's accumulated HELP debt is reduced by compulsory repayment amounts under Division 140. The HECS-HELP benefit reduces a person's liability that arises under section 154-1, so that the amount that the person will actually pay (if any) will be less than the compulsory repayment amount calculated.

Note 2:       If a determination is reviewed, a reference to the determination includes a reference to the decision on review, see section 157-30.