1061ZZAU
CurrentElection to repay youth allowance, austudy payment or pensioner education supplement
Volume 3Chapter 2AA, Part 2AA.1 to Chapter 3, Part 3.12 (sections 1061ZVAA to 1157)
Chapter 2BStudent Financial Supplement Scheme
Part 2B.1Establishment of scheme
Division 8Obtaining or increasing financial supplement by trading back youth allowance, austudy payment or pensioner education supplement
Subdivision BWhen a person may repay youth allowance, austudy payment or pensioner education supplement to obtain or increase financial supplement
1061ZZAU Election to repay youth allowance, austudy payment or pensioner education supplement
(1)
A person to whom youth allowance, austudy payment or pensioner education supplement was payable during a payment period may elect to repay to the Commonwealth some or all of the youth allowance, austudy payment or pensioner education supplement.
(2)
The person must make the election using the form approved under paragraph 1061ZZAI(a).
(3)
A payment period is:
(a)
the part of a year starting on 1 January and ending on 31 May; or
(b)
the part of a year starting on 1 July and ending on 30 September.
This Act’s bill:Second reading speech
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