Document ID: chunk:federal_register_of_legislation:C2008A00043:clause:1_5
Version: federal_register_of_legislation:C2008A00043
Segment Type: clause
Provision Reference: sch 1 cl 5
Character Range: 2294–2897

5  Section 148‑1 (second paragraph)
Repeal the paragraph, substitute:

      The person is required to make repayments, of amounts based on his or her income, if that income is above a particular amount. The Commissioner of Taxation makes assessments of repayment amounts, which are collected in the same way as amounts of income tax.
      Repayment amounts may be reduced by the HECS‑HELP benefit. To receive the benefit, a person must satisfy eligibility requirements and apply for it. The Commissioner determines whether a person is eligible for the benefit, and if so, the amount of the benefit.