Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

AUSTRALIAN APPRENTICESHIP SUPPORT LOANS ACT 2014 - SECT 37

Accumulated AASL debt discharges earlier debts

  (1)   The accumulated AASL debt that a person incurs on 1   June in a financial year discharges, or discharges the unpaid part of:

  (a)   any AASL debt that the person incurred during the calendar year immediately preceding that day; and

  (b)   any accumulated AASL debt that the person incurred on the immediately preceding 1   June.

  (2)   Nothing in subsection   (1) affects the application of Division   2 or sections   31 and 35.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback