Document ID: chunk:federal_register_of_legislation:C2025C00140:clause:1_4:p57
Version: federal_register_of_legislation:C2025C00140
Segment Type: clause
Provision Reference: sch 1 cl 4 (pt 57/67)
Character Range: 427601–430242

give notice to the person of the Secretary's decision on that application. The notice must:
 (a) be in writing; and
 (b) if the Secretary determines that the indexation of the person's accumulated HELP debt for a financial year is to be reduced—state the number of days determined by the Secretary under subsection (2).
 (3A) For the purposes of subsection (3), the period is:
 (a) the period of 60 days after the day the *Secretary receives the application under subsection (4); or
 (b) any longer period (not exceeding 6 months) determined in writing by the Secretary in relation to the application.
Note: The Secretary is taken to have made a decision to reject the application if the Secretary does not notify the person of the decision within the period specified by this subsection: see section 206‑5.
 (3B) If the notice states a number of days by which indexation of the person's *accumulated HELP debt is to be reduced, the *Secretary must give a copy of the notice to the *Commissioner.
 (4) A person may apply to the *Secretary for a determination under subsection (1) that the indexation of the person's *accumulated HELP debt for a financial year be reduced. The application must:
 (a) be in writing; and
 (b) be in the form (if any) approved by the Secretary and accompanied by the information (if any) required by the Secretary; and
 (c) include the person's *tax file number; and
 (d) meet any requirements specified by the HELP Debtor Guidelines (Teachers) for the purposes of this paragraph.

142‑15  Reducing accumulated HELP debts
 (1) The *Secretary must, on the application of a person under subsection (5), determine that the person's *accumulated HELP debt is to be reduced in relation to a *course of study in education by a specified amount if:
 (a) the Secretary is satisfied that the person:
 (i) has been a *location‑preferred HELP debtor (teacher) for a period of 4 years, or for periods within a continuous 6 year period that total 4 years; and
 (ii) has met such other requirements (if any) as are specified in the HELP Debtor Guidelines (Teachers) for the purposes of this subparagraph; and
 (b) the Secretary has not previously determined under this section that the person's accumulated HELP debt is to be reduced in relation to a course of study in education.
 (2) If the *Secretary determines that a person's *accumulated HELP debt is to be reduced, the amount by which that debt is reduced is the amount equal to the lesser of the following:
 (a) the sum of the amounts of *HECS‑HELP debt and *FEE‑HELP debt incurred by the person in respect of units of study:
 (i) with a total *EFTSL value of not more