Commonwealth Consolidated Acts

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HIGHER EDUCATION FUNDING ACT 1988 - SECT 106ZB

Definitions

  (1)   In this Chapter, unless the contrary intention appears:

"census date" means:

  (a)   when used in relation to a loan under section   57 or 98G--census date within the meaning of Chapter   4; or

  (b)   when used in relation to a loan under section   98ZA--census date within the meaning of Chapter   4B; or

  (c)   when used in relation to a loan under section   106D--census date within the meaning of Chapter   5.

"loan limit notice" means a notice given under subsection   106ZE(1).

"maximum permitted debt" means the amount specified in a determination in force under section   106ZD.

"study period" means:

  (a)   when used in relation to a loan under section   98ZA--study period within the meaning of Chapter   4B; or

  (b)   when used in relation to a loan under section   106D--study period within the meaning of Chapter   5.

"suspension notice" means a notice given under subsection   106ZH(1).

"total indebtedness under this Act" has the meaning given by subsection   (3).

  (2)   Expressions used in this Chapter that are defined in Chapter   4, 4A, 4B, 5 or 5A have in this Chapter, unless the contrary intention appears, the same meanings as in Chapter   4, 4A, 4B, 5 or 5A (as the case may be).

  (3)   A person's total indebtedness under this Act at a time is the sum of:

  (a)   the person's accumulated HEC debt as at the most recent 1   June before that time; and

  (b)   the semester debt or semester debts that:

  (i)   the person owes to the Commonwealth; and

  (ii)   were incurred after that 1   June;

reduced by any payments made after that 1   June in reduction of the debts mentioned in paragraph   (a) or (b).

 



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