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Student Loan Scheme Act 2011

Repayment obligations of borrowers - New Zealand-based borrowers' repayment obligations for salary or wages - Information and determinations

62: Commissioner must determine question about amount of salary or wage deductions

You could also call this:

"Commissioner helps decide how much to take from your pay for student loans"

If you're not sure how much money should be taken from your salary or wages for your student loan, you can ask the Commissioner for help. Your employer or the person who handles your pay can also ask the Commissioner this question.

When the Commissioner gets a request like this, they will work out how much should be taken from your pay, if anything at all. They will do this as quickly as they can. Once they've figured it out, they will tell your employer or the person who handles your pay in writing.

If you want to ask the Commissioner this question, you need to let them know in a special way. You can find out how to do this in section 211 of the law.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM3180148.

Topics:
Education and learning > Higher educationMoney and consumer rights > Banking and loans
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61: Information to show salary or wage deductions made, or

"Employers must share details about student loan money taken from pay"

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62A: Commissioner may notify employers when loan balance close to zero, or

"The government can tell your work to take less money for your student loan when you're almost done paying it"

Part 2Repayment obligations of borrowers
New Zealand-based borrowers' repayment obligations for salary or wages: Information and determinations

62Commissioner must determine question about amount of salary or wage deductions

  1. An employer or PAYE intermediary may request the Commissioner to determine any question as to the amount, if any, of salary or wage deductions that ought to be made.

  2. The Commissioner must, as soon as practicable after receiving a request under subsection (1),—

  3. determine the amount, if any, of salary or wage deductions that ought to be made; and
    1. notify the employer or PAYE intermediary in writing of the Commissioner's determination.

      1. A request under subsection (1) must be made by notifying the Commissioner (see section 211).

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