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Student Loan Scheme Act 2011

Repayment obligations of borrowers - New Zealand-based borrowers' repayment obligations for other income - Payment of other income repayment obligations

96: Commissioner may assess interim payments if information for preceding year not provided

You could also call this:

“This rule about temporary student loan payments has been removed”

This section of the law has been removed. It used to talk about how the Commissioner could decide on temporary payments if they didn’t have information from the year before. This rule was part of the Student Loan Scheme Act 2011 and was about paying back other income for student loans. The government took this rule out of the law on 29 March 2013, and it stopped working from 1 April 2012. This change affects how student loans are managed from the 2012-13 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=DLM3885548.

Topics:
Education and learning > Higher education Money and consumer rights > Banking and loans
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95: Calculation of interim payments for next tax year, or

"Figuring out future student loan payments: old rule no longer used"

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97: Due dates for payment of interim payments, or

"When you had to pay parts of your student loan during the year (but this rule no longer exists)"

Part 2 Repayment obligations of borrowers
New Zealand-based borrowers' repayment obligations for other income: Payment of other income repayment obligations

96Commissioner may assess interim payments if information for preceding year not provided (Repealed)

    Notes
    • Section 96: repealed (with effect on 1 April 2012 and applying for 2012–13 and later tax years), on , by section 14 of the Student Loan Scheme Amendment Act 2013 (2013 No 10).