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Student Loan Scheme Act 2011

Interest, relief, penalties and offences, rights of objection, and rights to challenge - Penalties and offences - Offences

162: Certain offence provisions in Tax Administration Act 1994 apply to borrowers

You could also call this:

“Some tax rules about what you must not do also apply to student loans”

If you have a student loan, there are some rules from another law called the Tax Administration Act 1994 that apply to you. These rules are about things you must not do.

You must not break the absolute liability rules in section 143. These are rules that you can break even if you didn’t mean to.

You must not break the knowledge rules in section 143A. These are rules that you can only break if you knew what you were doing.

You must not try to avoid paying your loan or do anything similar, as described in section 143B.

You must not help someone else break these rules, as described in section 148.

There are some other parts of the Tax Administration Act (sections 149 to 150A) that also apply to you if you have a student loan. When you read these parts, you should think of the word “taxpayer” as meaning “borrower”, and “income tax” as meaning the amount you need to pay back on your student loan.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM3180349.

Topics:
Education and learning > Higher education Money and consumer rights > Banking and loans Money and consumer rights > Taxes
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Part 4 Interest, relief, penalties and offences, rights of objection, and rights to challenge
Penalties and offences: Offences

162Certain offence provisions in Tax Administration Act 1994 apply to borrowers

  1. The sections of the Tax Administration Act 1994 that apply to borrowers and their consolidated loan balances include—

  2. section 143 (absolute liability offences):
    1. section 143A (knowledge offences):
      1. section 143B (evasion or similar offence):
        1. section 148 (aiding or abetting).

          1. Sections 149 to 150A of the Tax Administration Act 1994 apply, as far as applicable and with all necessary modifications, for the purposes of the sections listed in subsection (1), as if—

          2. every reference to a taxpayer were a reference to a borrower; and
            1. every reference to income tax were a reference to a repayment obligation.