Document ID: chunk:federal_register_of_legislation:C2025C00125:section:106y
Version: federal_register_of_legislation:C2025C00125
Segment Type: section
Provision Reference: s 106Y
Character Range: 245958–246957

106Y  Application of payments
 (1) Any money paid by a person to meet the person's debts to the Commonwealth under this Chapter is to be applied in payment of those debts as directed by the person.
 (2) If:
 (a) the person has not given any directions; or
 (b) the directions given do not adequately deal with the matter;
any money available is to be applied as follows:
 (c) first, in discharge or reduction of any HEC assessment debts of the person;
 (d) secondly, in discharge or reduction of any accumulated HEC debt of the person;
 (e) thirdly, in discharge or reduction of:
 (i) any semester debt of the person; or
 (ii) if there is more than one such debt, those debts in the order in which they were incurred; or
 (f) fourthly, in discharge or reduction of:
 (i) any HELP debt of the person; or
 (ii) if there is more than one such debt, those debts in the order in which they were incurred.
 (3) In this section:
HELP debt has the same meaning as in the Higher Education Support Act 2003.