1061ZZCI
In forceNotification of amount outstanding
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 13Early repayments of financial supplement
Subdivision ACalculation and notification of amount outstanding under financial supplement contract
1061ZZCI Notification of amount outstanding
(1)
The Secretary must give to a person who is a party to a financial supplement contract with a participating corporation a notice of an amount outstanding under the contract that exists on:
(a)
1 June in the year following the year in which the contract was made; or
(b)
1 June in any of the following 3 years.
(2)
The notice must state the amount outstanding under the contract at that date.
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