Document ID: chunk:federal_register_of_legislation:F2021L01776:reg:13
Version: federal_register_of_legislation:F2021L01776
Segment Type: reg
Provision Reference: reg 13
Character Range: 8666–10442

13  Reduction of a person's amounts of ordinary SLE, additional SLE and lifelong SLE
 (1) If a higher education provider reduces a person's SLE amount at a particular time under subsection 76-1(1) of the Act, the provider must reduce one or more of the person's ordinary SLE amount, additional SLE amount and lifelong SLE amount to take account of the reduction under that subsection:
 (a) in the order specified in subsection (2); and
 (b) in accordance with subsection (3).
 (2) For the purposes of paragraph (1)(a), the order is:
 (a) ordinary SLE;
 (b) additional SLE;
 (c) lifelong SLE.
 (3) For the purposes of paragraph (1)(b):
 (a) the person's ordinary SLE, additional SLE and lifelong SLE amounts must be reduced sequentially by amounts totalling the EFTSL value of the unit of study referred to in subsection 76-1(2) of the Act;
 (b) the person's ordinary SLE amount (if any) must be reduced to zero before the person's additional SLE amount is reduced;
 (c) the person's additional SLE amount (if any) must be reduced to zero before the person's lifelong SLE amount is reduced.

 Example: Jack is enrolled in his last unit of study as part of a Bachelor of Commerce with a higher education provider. The EFTSL value of that unit of study is 0.75. Immediately before the census date for that unit of study: (a) the amount of ordinary SLE Jack has is 0.25; (b) the amount of additional SLE Jack has is 0.25; (c) the amount of lifelong SLE Jack has is 0.5. To take account of the reduction of Jack's SLE amount under subsection 76-1(1) of the Act, the provider must: (1) reduce Jack's ordinary SLE amount to zero; then (2) reduce Jack's additional SLE amount to zero; and finally (3) reduce Jack's lifelong SLE to 0.25.

Part 5 – Re-crediting a person's SLE amount