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Student Loan Scheme Act 2011

Interest, relief, penalties and offences, rights of objection, and rights to challenge - Dispute procedures and rights to challenge - Rights to challenge and challenge procedures

185: Challenge to late notification penalty

You could also call this:

“You can say a late fee is wrong if you think it's a mistake”

You can challenge a late notification penalty if you think it was given to you by mistake. This means if you’re a borrower and you get charged with a penalty for notifying late, you have the right to say it’s wrong if you believe there’s been an error. You don’t have to just accept the penalty if you think it shouldn’t apply to you.

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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=DLM3180375.

Topics:
Money and consumer rights > Banking and loans Education and learning > Higher education
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184: Challenge to decision concerning relief, or

"You can disagree if you think a decision about helping you with your student loan is unfair"

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186: Challenge to student loan shortfall penalty, or

"You can ask for a review if you think your student loan penalty was a mistake"

Part 4 Interest, relief, penalties and offences, rights of objection, and rights to challenge
Dispute procedures and rights to challenge: Rights to challenge and challenge procedures

185Challenge to late notification penalty

  1. A borrower who is charged with a late notification penalty may challenge the penalty on the ground that it was imposed on the borrower in error.

Notes
  • Section 185: replaced, on , by section 25 of the Taxation (Residential Land Withholding Tax, GST on Online Services, and Student Loans) Act 2016 (2016 No 21).