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Student Loan Scheme Act 2011

Repayment obligations of borrowers - New Zealand-based borrowers' repayment obligations for salary or wages - Commissioner deductions resulting in over-deductions

68B: Commissioner must determine whether Commissioner over-deduction made

You could also call this:

“The Commissioner must check if they took too much money from you”

If you ask the Commissioner to check if they took too much money from you, the Commissioner must do two things quickly. First, they need to figure out if they did take too much money. This is called a ‘Commissioner over-deduction’. Second, if they decide they didn’t take too much money, they have to tell you this in writing.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6846886.

Topics:
Education and learning > Higher education Money and consumer rights > Banking and loans
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68A: Commissioner over-deduction identified by borrower, or

"What to do if you think too much money was taken for your student loan"

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68C: Procedure if Commissioner over-deduction made, or

"What happens if the government takes too much money for your student loan"

Part 2 Repayment obligations of borrowers
New Zealand-based borrowers' repayment obligations for salary or wages: Commissioner deductions resulting in over-deductions

68BCommissioner must determine whether Commissioner over-deduction made

  1. If the Commissioner receives a request in accordance with section 68A, the Commissioner must, as soon as practicable,—

  2. determine whether a Commissioner over-deduction was made; and
    1. notify the borrower in writing if the Commissioner determines that a Commissioner over-deduction was not made.

      Notes
      • Section 68B: inserted, on , by section 9 of the Taxation (Residential Land Withholding Tax, GST on Online Services, and Student Loans) Act 2016 (2016 No 21).