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Student Loan Scheme Act 2011

Repayment obligations of borrowers - New Zealand-based borrowers' repayment obligations for other income - Reduction of deduction rate for borrower with lower repayment obligation

104: Time when special deduction rate ceases to apply

You could also call this:

“When the special loan payment rate ends”

This part of the law used to talk about when a special deduction rate would stop applying. However, this section has been removed from the law. It was taken out on 12 April 2012, but the change was meant to work from 1 April 2012. The government made this change as part of the Student Loan Scheme Amendment Act 2012.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM3180236.

Topics:
Education and learning > Higher education Money and consumer rights > Banking and loans
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105: Application of this subpart, or

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Part 2 Repayment obligations of borrowers
New Zealand-based borrowers' repayment obligations for other income: Reduction of deduction rate for borrower with lower repayment obligation

104Time when special deduction rate ceases to apply (Repealed)

    Notes
    • Section 104: repealed (with effect on 1 April 2012), on , by section 29 of the Student Loan Scheme Amendment Act 2012 (2012 No 32).