Document ID: chunk:federal_register_of_legislation:C2024A00108:clause:1_59
Version: federal_register_of_legislation:C2024A00108
Segment Type: clause
Provision Reference: sch 1 cl 59
Character Range: 21914–22621

59  Application of amendments of the Australian Apprenticeship Support Loans Act 2014
(1) The amendments of the Australian Apprenticeship Support Loans Act 2014 made by Part 3 of this Schedule apply for the purposes of working out a person's accumulated AASL debt and a person's former accumulated AASL debt for the financial year ending on 30 June 2023 and each subsequent financial year.
(2) For the purposes of applying subitem (1) to the financial years ending on 30 June 2023 and 30 June 2024, a person's accumulated AASL debt and a person's former accumulated AASL debt are to be recalculated.
(3) The transitional rules under Schedule 6 may specify how a recalculation under subitem (2) is to occur.