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Labor 2013-14 Budget Savings (Measures No. 2) Bill 2015

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2013-2014-2015

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

Labor 2013-14 Budget Savings (Measures No. 2) Bill 2015

 

 

( 1 )     Clause  2 , page 2 (cell at table item  2 , column 2) , omit the cell, substitute:

The start of the first 1 January that occurs on or after the day this Act receives the Royal Assent.

[student start-up loans]

(2)     Clause  2 , page 2 (table item  3 ), omit “ 2, ”.

[efficiency dividend]

(3)     Clause  2 , page 2 (table item  4 ), omit the table item.

[interest charge]

(4)     Clause  3 , page 2 (line 8) , omit “ (1) ”.

[efficiency dividend]

(5)     Clause  3 , page 2 (lines 12 to 15) , omit subclause ( 2 ).

[efficiency dividend]

( 6 )     Schedule  1 , item  11 , page 5 (line 25) , omit “subsection 1223ABF(2)”, substitute “subsection 1061ZVDA(5)”.

[student start-up loans]

(7)     Schedule  1 , item  15 , page 7 (line 17) , omit “subsection 1223ABF(2)”, substitute “subsection 1061ZVDA(5)”.

[student start-up loans]

(8)     Schedule  1 , item 24, page 14 (line 5) , omit “subsection 1223ABF(2)”, substitute “subsection (5)”.

[student start-up loans]

( 9 )     Schedule  1 , item  24 , page 14 (after line 17) , at the end of section  1061ZVDA , add:

             (5)  A person’s enrolment test day , for a qualification period, is the earliest of the following days:

                     (a)  if the relevant approved scholarship course ends in the qualification period—the last day of that approved scholarship course;

                     (b)  the last day of the qualification period;

                     (c)  the 35th day of the period starting on whichever of the following applies:

                              (i)  if the person’s qualification test day for the qualification period was before the first day of the relevant approved scholarship course—the first day of that approved scholarship course;

                             (ii)  otherwise—the qualification test day.

Note:          For approved scholarship course , see section 592M.

[student start-up loans]

(10)   Schedule  1 , page 28 (before line 1) , after item  26 , insert:

26A  After subsection 1192(8A)

Insert:

          (8B)  The student start-up loan amount (see item 41A of the CPI Indexation Table in subsection 1191(1)) is not to be indexed on 1 January 2016.

[student start-up loans]

(11)   Schedule  1 , item  28 , page 28 (line 3) to page 29 (line 19) , omit the item, substitute:

28  After section 1223ABE

Insert:

1223ABF   Debts in respect of student start-up loans

             (1)  If:

                     (a)  a person is paid a student start-up loan for a qualification period; and

                     (b)  the circumstances determined under subsection (2) apply to the person;

then:

                     (c)  the amount of the loan is a debt due to the Commonwealth; and

                     (d)  the debt is taken to have arisen when the person was paid the loan.

             (2)  The Minister may, by legislative instrument, determine circumstances in which subsection (1) applies to a person who has not met, or who has ceased to meet, the condition in subparagraph 1061ZVBB(1)(a)(iii) or (2)(a)(iii).

             (3)  Subsection (1) does not apply to a person if, in the Secretary’s opinion, the person did not meet, or ceased to meet, the condition in subparagraph 1061ZVBB(1)(a)(iii) or (2)(a)(iii) because of exceptional circumstances beyond the person’s control.

[student start-up loans]

(12)   Schedule  1 , item  29 , page 29 (lines 20 to 24) , omit the item.

[interest charge]

(13)   Schedule  1 , item 54, page 38 (line 13) , omit “ subsection 38A(2) ”, substitute “ subsection 8B(5) ”.

[student start-up loans]

(14)   Schedule  1 , item  67 , page 44 (line 16) , omit “ subsection 38A(2) ”, substitute “ subsection (5) ”.

[student start-up loans]

(15)   Schedule  1 , item 67, page 4 4 (after line 28) , at the end of section  8B , add:

             (5)  A person’s enrolment test day , for a qualification period, is the earliest of the following days:

                     (a)  if the relevant approved scholarship course ends in the qualification period—the last day of that approved scholarship course;

                     (b)  the last day of the qualification period;

                     (c)  the 35th day of the period starting on whichever of the following applies:

                              (i)  if the person’s qualification test day for the qualification period was before the first day of the relevant approved scholarship course—the first day of that approved scholarship course;

                             (ii)  otherwise—the qualification test day.

[student start-up loans]

(16)   Schedule  1 , item 68, page 58 (lines 16 to 25) , omit the item.

[interest charge]

(17)   Schedule  1 , item 71, page 5 8 (line 31) to page 59 (line 30) , omit the item, substitute:

71  After section 38

Insert:

38A   ABSTUDY student start-up loan overpayments

             (1)  If:

                     (a)  a person is paid an ABSTUDY student start-up loan for a qualification period; and

                     (b)  the circumstances determined under subsection (2) apply to the person;

then the amount of the loan is an ABSTUDY student start-up loan overpayment .

             (2)  The Minister may, by legislative instrument, determine circumstances in which subsection (1) applies to a person who has not met, or who has ceased to meet, the condition in subparagraph 7C(1)(a)(iii).

             (3)  Subsection (1) does not apply to a person if, in the Secretary’s opinion, the person did not meet, or ceased to meet, the condition in subparagraph 7C(1)(a)(iii) because of exceptional circumstances beyond the person’s control.

[student start-up loans]

( 18 )   Schedule  1 , heading to Part  2 , page 71 (line 1) , omit the heading, substitute:

Part 2 Saving provision

[student start-up loans]

( 19 )   Schedule  1 , item  112 , page 71 (lines 8 to 23) , omit the item.

[student start-up loans]

(20)   Schedule  2 , page 72 (line 1) to page 77 (line 26) , omit the Schedule.

[efficiency dividend]

(21)   Schedule  3 , item  10 , page 79 (lines 11 and 12) , omit “the first 1 January that occurs at least 3 months after the day on which this Act receives the Royal Assent”, substitute “ 1 January 2017 ”.

[removal of up-front payment discount]

(22)   Schedule 4, item  8 , page 80 (lines 21 and 22) , omit “the first 1 January that occurs at least 3 months after the day on which this Act receives the Royal Assent”, substitute “ 1 January 2017 ”.

[removal of voluntary repayment bonus]

(23)   Schedule  5 , page 81 (line 1) to page 96 (line 10) , omit the Schedule.

[interest charge]