s 9E
In forceAccumulated ABSTUDY SSL debt discharges earlier debts
Part 2ABSTUDY student start‑up loans
Division 4Indebtedness: working out accumulated ABSTUDY SSL debts
9E Accumulated ABSTUDY SSL debt discharges earlier debts
(1)
The accumulated ABSTUDY SSL debt that a person incurs on 1 June in a financial year discharges, or discharges the unpaid part of:
(a)
any ABSTUDY SSL debt that the person incurred during the calendar year immediately preceding that day; and
(b)
any accumulated ABSTUDY SSL debt that the person incurred on the immediately preceding 1 June.
(2)
Nothing in subsection (1) affects the application of section 8B, 8BA, 8C, 9B, 9C or 9CA.
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