Document ID: chunk:federal_register_of_legislation:C2004C01135:clause:2_1061zzfb
Version: federal_register_of_legislation:C2004C01135
Segment Type: clause
Provision Reference: sch 2 cl 1061ZZFB
Character Range: 142687–143793

1061ZZFB  Meaning of relevant debt

 (1) The person's relevant debt is:
 (a) if an amount or amounts have been paid to reduce the person's accumulated FS debt referred to in paragraph 1061ZZEZ(2)(b) or an amount or amounts have been assessed under Division 7 or under the corresponding provision of the Social Security Student Financial Supplement Scheme 1998 or of the Student Assistance Act 1973 as in force at a time before 1 July 1998, to be payable to reduce it—the amount remaining after deducting from that accumulated FS debt the amount or the sum of the amounts so paid or assessed to be payable; or
 (b) otherwise—the person's accumulated FS debt referred to in that paragraph.

 (2) An amount assessed under Division 7, or under the corresponding provision of the Social Security Student Financial Supplement Scheme 1998 or of the Student Assistance Act 1973 as in force at a time before 1 July 1998, to be payable to reduce a person's accumulated FS debt is, if the amount has been increased or reduced by an amendment of the relevant assessment, taken to be the increased or reduced amount.