Commonwealth Consolidated Acts

HIGHER EDUCATION SUPPORT ACT 2003 - SECT 154.1

  (1)   If:

  (a)   a person's * repayment income for an * income year exceeds the * minimum repayment income for the income year; and

  (b)   on 1   June immediately preceding the making of an assessment in respect of the person's income of that income year, the person had an * accumulated HELP debt;

the person is liable to pay to the Commonwealth, in accordance with this Division, the amount worked out under section   154 - 20 in reduction of the person's * repayable debt.

  (2)   A person is not liable under this section to pay an amount for an * income year if, under section   8 of the Medicare Levy Act 1986 :

  (a)   no * Medicare levy is payable by the person on the person's * taxable income for the income year; or

  (b)   the amount of the Medicare levy payable by the person on the person's taxable income for the income year is reduced.