Document ID: chunk:federal_register_of_legislation:C2025C00140:clause:1_4:p49
Version: federal_register_of_legislation:C2025C00140
Segment Type: clause
Provision Reference: sch 1 cl 4 (pt 49/67)
Character Range: 407659–410208

the *census date for the unit, whether or not the Commonwealth has made a payment in respect of the person's *VET tuition fee for the unit.

Remission of VET FEE‑HELP debts
 (4) A person's *VET FEE‑HELP debt in relation to a *VET unit of study is taken to be remitted if the person's *HELP balance is re‑credited under clause 46, 46A, 46AA, 47 or 51 of Schedule 1A in relation to the unit.
Note: The debt is taken to be remitted even if the person's HELP balance is not increased by an amount equal to the amount re‑credited.
 (5) A person's *VET FEE‑HELP debt in relation to a *VET unit of study is taken to be remitted to the extent that the person's *HELP balance is re‑credited under clause 46B of Schedule 1A in relation to the unit.

137‑19  Pre‑1 July 2019 VSL debts
 (1) A debt incurred under this section as in force at any time before 1 July 2019 is a pre‑1 July 2019 VSL debt.
 (4) A person's *pre‑1 July 2019 VSL debt, in relation to a loan amount (within the meaning of this section as in force at the time the debt was incurred), is taken to be remitted if the person's *HELP balance is re‑credited under Part 6 of the VET Student Loans Act 2016 in relation to the loan amount.
Note: The person's HELP balance may also be re‑credited under section 128‑25 of this Act (re‑crediting on discharge of HELP debt etc.), but in those circumstances there is no related remission of debt under this subsection.

137‑20  HELP debt discharged by death
  Upon the death of a person who owes a *HELP debt to the Commonwealth, the debt is taken to have been paid.
Note: HELP debts are not provable in bankruptcy: see subsection 82(3AB) of the Bankruptcy Act 1966.

Division 140—How are accumulated HELP debts worked out?

Subdivision 140‑A—Outline of this Division

140‑1  Outline of this Division
 (1) There are 2 stages to working out a person's *accumulated HELP debt for a financial year.

Stage 1—Former accumulated HELP debt
 (2) The *former accumulated HELP debt is worked out by adjusting the preceding financial year's *accumulated HELP debt to take account of:
 (a) changes in the Consumer Price Index and the Wage Price Index; and
 (b) the *HELP debts that he or she incurs during the last 6 months of the preceding financial year; and
 (c) *voluntary repayments of the debt; and
 (d) *compulsory repayment amounts in respect of the debt.
(See Subdivision 140‑B.)

Stage 2—Accumulated HELP debt
 (3) The person's *accumulated HELP debt is worked out from:
 (a) his or her *former accumulated HELP debt; and
 (b) the *HELP debts that he or