Student Loan Scheme Act 2011

Excess repayments - Excess repayment bonus

128: Application of sections 118 to 122 and this subpart to part years

You could also call this:

“Rules about parts of a year no longer apply”

This section of the law has been removed. It used to be about how certain parts of the Student Loan Scheme Act 2011 applied to parts of a year. The section was taken out of the law on 1 April 2013. This change affects tax years from 2013-14 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=DLM3885562.


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127: Restriction on amount of 10% bonus, or

"The old rule about the extra 10% for paying back more of your student loan is now gone"


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"What happens when you get extra money back from your student loan payments"

Part 3 Excess repayments
Excess repayment bonus

128Application of sections 118 to 122 and this subpart to part years (Repealed)

    Notes
    • Section 128: repealed, on (applying for 2013–14 and later tax years), by section 7(1) of the Student Loan Scheme (Budget Measures) Amendment Act 2012 (2012 No 39).