106ZF
CurrentCancelling loan limit notice
Chapter 5BLimit on student debt to Commonwealth
Part 5B.4Loan limit notices
106ZF Cancelling loan limit notice
(1)
The person to whom the loan limit notice relates may ask the Commissioner to give a notice (the cancellation notice) under this section cancelling the loan limit notice.
(2)
The Commissioner must give the cancellation notice to the person if the person’s total indebtedness under this Act no longer exceeds the maximum permitted debt.
(3)
The cancellation notice must be in writing and state that, on the day on which it is given, the person’s total indebtedness under this Act does not exceed the maximum permitted debt.
This Act’s bill:Second reading speech
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.