Document ID: chunk:federal_register_of_legislation:C2018A00116:clause:1_35
Version: federal_register_of_legislation:C2018A00116
Segment Type: clause
Provision Reference: sch 1 cl 35
Character Range: 40037–40933

35  Section 1061ZVFA
Omit:
      The person is required to make repayments, of amounts based on his or her income, if that income is above a particular amount and if the person has repaid the person's accumulated HELP debts arising under the Higher Education Support Act 2003. The Commissioner makes assessments of repayment amounts, which are collected in the same way as amounts of income tax and accumulated HELP debts.
substitute:

      The person is required to make repayments once the person's income exceeds the minimum repayment income under the Higher Education Support Act 2003 and the person has finished repaying any debt under that Act and certain other income‑contingent loan schemes.
      The amount of the repayments is based on the person's income.
      The Commissioner makes assessments of repayment amounts, which are collected in the same way as amounts of income tax.