Document ID: chunk:federal_register_of_legislation:C2025C00163:section:3:p2
Version: federal_register_of_legislation:C2025C00163
Segment Type: section
Provision Reference: s 3 (pt 2/6)
Character Range: 17804–20652

in a notice of an assessment made under section 12ZM.
contract period, in relation to a financial supplement contract, means the period beginning when the contract was entered into and ending on 31 May in the year in which the last of the periods of 12 months referred to in paragraph 12X(3)(b) ends.
current special educational assistance scheme means:
 (a) the Assistance for Isolated Children Scheme; or
 (b) the ABSTUDY Scheme (also known as the Aboriginal Study Assistance Scheme).
departure authorisation certificate means a certificate under Subdivision D of Division 4 of Part 6.
departure prohibition order means an order under Subdivision A of Division 4 of Part 6 (including such an order varied under Subdivision C of that Division).
discount, in relation to a repayment of an amount of financial supplement, has the meaning given by section 12ZA.
disqualifying education costs scholarship has the same meaning as in the Social Security Act 1991.
education institution means:
 (a) a higher education institution; or
 (b) a technical and further education institution; or
 (c) a secondary school; or
 (d) any other institution (including an educational institution), authority or body, that is in Australia and that, in accordance with a determination by the Minister, is to be regarded as an education institution for the purposes of this Act.
eligible student, for the purposes of Part 4A, has the meaning given by section 12C.
Note: A person cannot be an eligible student for the whole or a part of a year that begins on or after the day on which the Student Assistance Legislation Amendment Act 2006 receives the Royal Assent (see subsection 12C(1A)).
enrolment test day has the meaning given by subsection 8B(5).
exempt foreign income has the meaning given by subsection 12ZL(4).
family assistance law has the same meaning as in the A New Tax System (Family Assistance) (Administration) Act 1999.
financial corporation means:
 (a) a foreign corporation within the meaning of paragraph 51(xx) of the Constitution whose sole or principal business activities in Australia are the borrowing of money and the provision of finance; or
 (b) a financial corporation within the meaning of that paragraph;
and includes a bank.
financial institution has the same meaning as in the Social Security Act 1991.
financial supplement means a loan made by a participating corporation under a financial supplement contract to the other party to the contract.
financial supplement contract means a contract in force as provided by subsection 12K(2).
former accumulated ABSTUDY SSL debt has the meaning given by section 9B.
former special educational assistance scheme means:
 (a) the former Aboriginal Secondary Assistance Scheme; or
 (aa) the scheme known as the Aboriginal Overseas Study Assistance Scheme or the Aboriginal and Torres Strait Islander