Document ID: chunk:federal_register_of_legislation:C2024C00637:section:43
Version: federal_register_of_legislation:C2024C00637
Segment Type: section
Provision Reference: s 43
Character Range: 53918–54713

43  When subsidy stops being payable—on request by the subsidised borrower
 (1) The subsidised borrower may, in the approved form, request the Secretary to stop the payment of subsidy.
 (2) On receipt of a request under subsection (1), the Secretary must stop the payment of subsidy, by written notice given to the subsidised borrower.
 (3) The Secretary may, in the notice, state a day for the payment of subsidy to be stopped that is later than the day requested by the subsidised borrower.
Note: Part 5 provides for the administrative review of a decision by the Secretary to state a day in a notice under this subsection.
 (4) The Secretary must give a copy of the notice to the loan provider who made the subsidised loan to the subsidised borrower.

Subdivision D—Revocation and variation