Document ID: chunk:federal_register_of_legislation:C2025C00163:section:3:p1
Version: federal_register_of_legislation:C2025C00163
Segment Type: section
Provision Reference: s 3 (pt 1/6)
Character Range: 15241–18030

3  Interpretation
 (1) In this Act, unless the contrary intention appears:
ABSTUDY SSL debt means a debt incurred under section 8B.
ABSTUDY student start‑up loan means a loan for which a person qualifies under Division 2 of Part 2.
Note: Part 2 is taken to be part of the ABSTUDY Scheme and ABSTUDY student start‑up loans are taken to be made under the ABSTUDY Scheme: see section 7B.
ABSTUDY student start‑up loan overpayment has the meaning given by subsection 38A(1).
accumulated ABSTUDY SSL debt has the meaning given by section 9C.
accumulated FS debt has the meaning given by subsection 12ZF(2) or (3).
actual repayments, in relation to financial supplement, at a particular time, means the sum of the amounts actually repaid in respect of the financial supplement before that time.
adjusted parental income, for the purposes of Part 4A, has the meaning given by the regulations.
amount notionally repaid, in relation to financial supplement, has the meaning given by subparagraph 12ZA(10)(b)(ii).
amount outstanding, in relation to a financial supplement contract, has the meaning given by section 12X.
approved form has the meaning given by section 388‑50 in Schedule 1 to the Taxation Administration Act 1953.
approved scholarship course has the same meaning as in the ABSTUDY Scheme.
ART means the Administrative Review Tribunal.
ART Act means the Administrative Review Tribunal Act 2024.
ART Principal Registrar means the Chief Executive Officer and Principal Registrar of the ART.
ART review has the meaning given by section 311.
Australia, when used in a geographical sense, includes Norfolk Island, the Territory of Cocos (Keeling) Islands and the Territory of Christmas Island.
Note: In Division 4 of Part 6 (about departure prohibition orders), Australia has an extended meaning.
bank includes, but is not limited to, a body corporate that is an ADI (authorised deposit‑taking institution) for the purposes of the Banking Act 1959.
centrelink program has the same meaning as in the Human Services (Centrelink) Act 1997.
Chief Executive Centrelink has the same meaning as in the Human Services (Centrelink) Act 1997.
Commissioner means the Commissioner of Taxation.
compulsory ABSTUDY SSL repayment amount means an amount that:
 (a) is required to be paid in respect of an accumulated ABSTUDY SSL debt under section 10F; and
 (b) is included in a notice of assessment made under section 10H.
compulsory repayment amount means an amount that:
 (a) is required to be paid in respect of an accumulated FS debt under section 12ZK; and
 (b) is included in a notice of an assessment made under section 12ZM.
contract period, in relation to a financial supplement contract, means the period beginning when the contract was entered into and ending on 31 May in the year in which the