Part 3 Excess repayments
118Interpretation (Repealed)
Notes
- Section 118: repealed, on (applying for 2013–14 and later tax years), by section 5(1) of the Student Loan Scheme (Budget Measures) Amendment Act 2012 (2012 No 39).
This part of the law used to explain what certain words meant in the section about ‘Excess repayments’ in the Student Loan Scheme Act 2011. However, it has been removed from the law. The government took it out on 1 April 2013. This change affects how student loans work from the 2013-2014 tax year onwards.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM3180269.
117: Overseas-based borrower's standard and Commissioner deductions satisfy overseas-based repayment obligation, or
"Old rules for overseas borrowers paying back student loans no longer apply"
119: Meaning of excess repayment, or
"What happens when you pay too much on your student loan"