Document ID: chunk:federal_register_of_legislation:C2011A00130:clause:1_13
Version: federal_register_of_legislation:C2011A00130
Segment Type: clause
Provision Reference: sch 1 cl 13
Character Range: 16116–17135

13  After section 137‑15
Insert:

137‑16  SA‑HELP debts

Incurring SA‑HELP debts
 (1) A person incurs a debt to the Commonwealth if, under section 128‑1, the Commonwealth:
 (a) makes a loan to the person; and
 (b) uses the amount lent to make a payment of the person's liability to pay a *student services and amenities fee.
The debt is an SA‑HELP debt.
 (2) The amount of the *SA‑HELP debt is an amount equal to the loan.

When SA‑HELP debts are incurred
 (3) An *SA‑HELP debt is taken to have been incurred by a person immediately after the day on which the *student services and amenities fee to which the loan relates is payable, whether or not the Commonwealth has made a payment in respect of the fee.

Remission of SA‑HELP debts
 (4) A person's *SA‑HELP debt in relation to a *student services and amenities fee imposed by a higher education provider is taken to be remitted if, under section 128‑5, the provider must repay the Commonwealth the amount the Commonwealth paid the provider in relation to the fee.