Document ID: chunk:federal_register_of_legislation:F2021L01776:reg:15
Version: federal_register_of_legislation:F2021L01776
Segment Type: reg
Provision Reference: reg 15
Character Range: 10760–12195

15  Re-crediting of a person's amounts of ordinary SLE, additional SLE and lifelong SLE
  If a higher education provider re-credits a person's SLE amount at a particular time under subsection 79-1(1) or 79-20(1) of the Act, the provider must re-credit one or more of the person's ordinary SLE amount, additional SLE amount and lifelong SLE amount to reverse the previous reduction of those amounts under section 13.
 Example:  Jack enrolled in his last unit of study as part of a Bachelor of Commerce with a higher education provider. The EFTSL value of that unit of study was 0.5. Immediately before the census date for that unit of study: (a) the amount of ordinary SLE Jack had was 0.25; (b) the amount of additional SLE Jack had was 0.25; (c) Jack had no lifelong SLE. In accordance with section 13, to take account of the reduction of Jack's SLE amount under subsection 76-1(1) of the Act, the provider: (1) reduced Jack's ordinary SLE amount to zero; and (2) reduced Jack's additional SLE amount to zero. Subsequently, under subsection 79-1(1) of the Act, the provider re-credits 0.5 to Jack's SLE amount. To take account of the re-credit under subsection 79-1(1) of the Act and having regard to how Jack's amounts of ordinary SLE and additional SLE were reduced under section 13 for that unit of study, the provider must re-credit 0.25 to Jack's ordinary SLE and 0.25 to Jack's additional SLE.

Part 6 – Special circumstances