10E
In forceRefunding of payments
Part 2ABSTUDY student start‑up loans
Division 5Discharge of indebtedness
Subdivision BVoluntary discharge of indebtedness
10E Refunding of payments
If:
(a)
a person pays an amount to the Commonwealth under this Subdivision; and
(b)
the amount exceeds the sum of:
(i)
the amount required to discharge the total debt that the person owed to the Commonwealth under this Part; and
(ii)
the total amount of the person’s primary tax debts (within the meaning of Part IIB of the Taxation Administration Act 1953);
the Commonwealth must refund to the person an amount equal to that excess.
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