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Student Loan Scheme Act 2011

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

88A: Meaning of adjusted net income

You could also call this:

"This explains what 'adjusted net income' meant for student loans, but it's no longer used"

Illustration for Student Loan Scheme Act 2011

This part of the law used to explain what 'adjusted net income' meant for people who had student loans. However, it was removed from the law on 29 March 2013. This change affected how student loan repayments were calculated from the 2012-2013 tax year onwards. The law no longer uses this term to figure out how much you need to repay 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=DLM4425718.

Topics:
Education and learning > Higher educationMoney and consumer rights > Banking and loans
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88: Application of this subpart, or

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89: Commissioner to assess borrower's other income repayment obligation, or

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

88AMeaning of adjusted net income (Repealed)

    Notes
    • Section 88A: repealed (with effect on 1 April 2012 and applying for 2012–13 and later tax years), on , by section 14 of the Student Loan Scheme Amendment Act 2013 (2013 No 10).