Education and Other Legislation Amendment (VET Student Loan Debt Separation) Act 2018 (Cth)

Education and Other Legislation Amendment (VET Student Loan Debt Separation) Act 2018

No. 116, 2018

An Act to separate VET student loan debts from HELP debts, and for other purposes

Contents 1 Short title 2 Commencement 3 Schedules Schedule 1—Separation of VET student loan debts from HELP debts Part 1—Main amendments Higher Education Support Act 2003 VET Student Loans Act 2016 Part 2—Consequential and contingent amendments A New Tax System (Family Assistance) (Administration) Act 1999 Bankruptcy Act 1966 Higher Education Support Act 2003 Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Social Security Act 1991 Student Assistance Act 1973 Taxation Administration Act 1953 Taxation (Interest on Overpayments and Early Payments) Act 1983 Trade Support Loans Act 2014 VET Student Loans Act 2016 Schedule 2—Courses and loan caps determination VET Student Loans Act 2016

Education and Other Legislation Amendment (VET Student Loan Debt Separation) Act 2018 No. 116, 2018

An Act to separate VET student loan debts from HELP debts, and for other purposes

[Assented to 25 September 2018]

The Parliament of Australia enacts:

1 Short title This Act is the Education and Other Legislation Amendment (VET Student Loan Debt Separation) Act 2018.

2 Commencement (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table The day this Act receives the Royal Assent. 25 September 2018 2. Schedule 1, items 1 to 25 1 July 2019. 1 July 2019 2A. Schedule 1, item 25A Immediately after Schedule 3 to the Higher Education Support Legislation Amendment (Student Loan Sustainability) Act 2018 commences. 1 January 2020 2B. Schedule 1, items 26 to 35 1 July 2019. 1 July 2019 3. Schedule 1, items 36 to 38 1 July 2019. Never commenced However, the provisions do not commence at all if Schedule 2 to the Higher Education Support Legislation Amendment (Student Loan Sustainability) Act 2018 commences on that day. 4. Schedule 1, item 39 Immediately after the start of 1 July 2019. 1 July 2019 However, the provisions do not commence at all if Schedule 2 to the Higher Education Support Legislation Amendment (Student Loan Sustainability) Act 2018 does not commence on that day. 5. Schedule 1, item 40 Immediately after Schedule 1 to the Higher Education Support Legislation Amendment (Student Loan Sustainability) Act 2018 commences. 1 July 2019 6. Schedule 1, items 41 to 43 1 July 2019. 1 July 2019 7. Schedule 1, item 44 1 July 2019. Never commenced However, the provisions do not commence at all if Schedule 2 to the Higher Education Support Legislation Amendment (Student Loan Sustainability) Act 2018 commences on that day. 8. Schedule 1, item 45 Immediately after the start of 1 July 2019. 1 July 2019 9. Schedule 1, item 46 Immediately after Schedule 1 to the Higher Education Support Legislation Amendment (Student Loan Sustainability) Act 2018 commences. 1 July 2019 10. Schedule 1, items 47 to 51 1 July 2019. 1 July 2019 11. Schedule 1, item 52 1 July 2019. 1 July 2019 However, the provisions do not commence at all if Schedule 2 to the Higher Education Support Legislation Amendment (Student Loan Sustainability) Act 2018 does not commence on that day. 12. Schedule 1, items 53 to 71 Immediately after the start of 1 July 2019. 1 July 2019 13. Schedule 1, items 71A to 76 Immediately after Schedule 3 to the Higher Education Support Legislation Amendment (Student Loan Sustainability) Act 2018 commences. 1 January 2020 14. Schedule 2 The day after this Act receives the Royal Assent. 26 September 2018