Document ID: chunk:federal_register_of_legislation:C2008C00021:clause:1_12
Version: federal_register_of_legislation:C2008C00021
Segment Type: clause
Provision Reference: sch 1 cl 12
Character Range: 23273–24071

12  Taking account of HEC assessment debts assessed on or after 1 June 2005
If:
 (a) on or after 1 June 2005, the Commissioner makes an assessment under section 106T of the Higher Education Funding Act 1988; and
 (b) an amount is included in the notice of the assessment that is required to be paid in respect of an accumulated HEC debt under section 106Q of that Act; and
 (c) the amount would, but for subsection 106N(2A) of that Act, be used in working out the person's accumulated HEC debt incurred on 1 June in a particular financial year;
in working out, under section 140‑25 of the Higher Education Support Act 2003, a person's accumulated HELP debt for the financial year, add the amount to the amount of the sum referred to in step 4 of the method statement in section 140‑5 of that Act.