Commonwealth Consolidated Acts Commonwealth Consolidated ActsIn this Act:
AASL debt means a debt incurred under section " " 27.
AASL debt indexation factor has the meaning given by section " " 32.
"accumulated AASL debt" has the meaning given by section 35.
"annual indexation factor" has the meaning given by subsection 99(4).
"approved form" has the meaning given by section 388 - 50 in Schedule 1 to the Taxation Administration Act 1953 .
"assessed worldwide income" has the meaning given by section 47B.
"Australian Apprenticeships Priority List" means the list determined under subsection 105(1).
"Australian apprenticeship support loan" means Australian apprenticeship support loan for which a person qualifies under Part 2.1.
"Australian resident" means a person who:
(a) resides in Australia; and
(b) is one of the following:
(i) an Australian citizen;
(ii) the holder of a permanent visa.
"authorised review officer" means a person authorised under section 79.
"Commissioner" means the Commissioner of Taxation.
"completion discount" has the meaning given by section 40.
"compulsory AASL repayment amount" means an amount that:
(a) is required to be paid in respect of an accumulated AASL debt under section 46 or 47A; and
(b) is included in a notice of assessment made under section 48.
CPI indexation factor has the meaning given by subsection 32(1A).
"designated State/Territory training authority" has the meaning given by subsection 40(3).
"foreign resident" has the meaning given by subsection 995 - 1(1) of the Income Tax Assessment Act 1997 .
"former accumulated AASL debt" has the meaning given by section 31.
"guidance and appeals panel" has the same meaning as in the Administrative Review Tribunal Act 2024 .
"guidance and appeals panel application" has the same meaning as in the Administrative Review Tribunal Act 2024 .
"holder" has the same meaning as in the Migration Act 1958 .
"income tax" has the meaning given by subsection 995 - 1(1) of the Income Tax Assessment Act 1997 .
"income tax law" has the meaning given by subsection 995 - 1(1) of the Income Tax Assessment Act 1997 .
"income year" has the meaning given by subsection 995 - 1(1) of the Income Tax Assessment Act 1997 .
"index number" has the meaning given by section 33.
"instalment period" has the meaning given by subsection 10(2).
"lifetime limit" means $20,000.
Note: The lifetime limit is indexed on 1 July 2017 and each later 1 July in line with increases in the consumer price index (see section 99).
"Medicare levy" means the Medicare levy imposed by the Medicare Levy Act 1986 .
"minimum repayment income" has the same meaning as in the Higher Education Support Act 2003 .
"officer" means a person engaged (whether as an employee or otherwise) by any of the following:
(a) an Agency (within the meaning of the Public Service Act 1999 );
(b) another authority of the Commonwealth;
(c) a person or organisation that performs services for the Commonwealth.
"overpayment debt" has the meaning given by section 90.
"permanent visa" has the same meaning as in the Migration Act 1958 .
"personal information" has the same meaning as in the Privacy Act 1988 .
"qualifying apprenticeship" has the meaning given by subsection 8(2).
"quarter" means a period of 3 months ending on 31 March, 30 June, 30 September or 31 December.
"relevant instalment period" has the meaning given by paragraph 16(1)(b).
"repayable AASL debt" has the meaning given by section 47.
"repayment income" has the same meaning as in the Higher Education Support Act 2003 .
"return" means an income tax return within the meaning of subsection 995 - 1(1) of the Income Tax Assessment Act 1997 .
"reviewable Commissioner decision" has the meaning given by subsection 77(1).
"reviewable decision" has the meaning given by subsection 77(3).
"reviewable Secretary decision" has the meaning given by subsection 77(2).
"reviewer" has the meaning given by section 78.
"rules" means rules made under section 106.
"Secretary" means the Secretary of the Department.
"taxable income" has the meaning given by section 4 - 15 of the Income Tax Assessment Act 1997 .
"undertaking" , in relation to a qualifying apprenticeship, has a meaning affected by subsection 8(3).
"voluntary AASL repayment" means a payment made to the Commissioner in discharge of an accumulated AASL debt or an AASL debt. It does not include a payment made in discharge of a compulsory AASL repayment amount.
WPI indexation factor has the meaning given by subsection 32(1B).
WPI index number has the meaning given by subsection 33(1A).
"yearly rate" has the meaning given by subsection 24(1).