Commonwealth Consolidated Acts

VET STUDENT LOANS ACT 2016 - SECT 23ED

Notice relating to leaving Australia

  (1)   A person who:

  (a)   has an accumulated VETSL debt or otherwise has a VETSL debt that has not yet been discharged; and

  (b)   leaves Australia (other than in circumstances specified in the rules) with the intention of remaining outside Australia for at least 183 days;

must, no later than 7 days after leaving Australia, give a notice to the Commissioner in the approved form.

Notice relating to absence from Australia

  (2)   A person who:

  (a)   has an accumulated VETSL debt or otherwise has a VETSL debt that has not yet been discharged; and

  (b)   has been outside Australia for at least 183 days (other than in circumstances specified in the rules) in any 12 month period; and

  (c)   was not required under subsection   (1) to give a notice to the Commissioner in connection with that absence from Australia;

must, no later than 7 days after the end of those 183 days, give a notice to the Commissioner in the approved form.

Notice relating to income (including foreign - sourced income)

  (3)   A person who:

  (a)   is a foreign resident; and

  (b)   on 1   June immediately preceding an income year, had an accumulated VETSL debt;

must (other than in circumstances specified in the rules) give to the Commissioner, in the approved form, a notice relating to the person's income (including foreign - sourced income) for the income year. The notice must be given within the period specified in the form.

Note:   The Commissioner may defer the time for giving a notice: see section   388 - 55 in Schedule   1 to the Taxation Administration Act 1953 .

Content of notices under this section

  (4)   The rules may provide for the content of notices under this section.