Commonwealth Consolidated Acts

AUSTRALIAN APPRENTICESHIP SUPPORT LOANS ACT 2014 - SECT 41

    If the Secretary notifies the Commissioner of a completion discount for a person under section   40, the amount of the completion discount is to be applied as follows:

  (a)   first, in discharge or reduction of any accumulated AASL debt of the person;

  (b)   second, in discharge or reduction of:

  (i)   any AASL debt of the person; or

  (ii)   if there is more than one such debt, those debts in the order in which they were incurred.