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Student Assistance Amendment Bill 2003



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INFORMATION, ANALYSIS AND ADVICE FOR THE PARLIAMENT

I N F O R M A T I O N A N D R E S E A R C H S E R V I C E S

Bills Digest No. 28 2003-04

Student Assistance Amendment Bill 2003

D E P A R T M E N T O F T H E P A R L I A M E N T A R Y L I B R A R Y

ISSN 1328-8091

 Copyright Commonwealth of Australia 2003

Except to the extent of the uses permitted under the Copyright Act 1968, no part of this publication may be reproduced or transmitted in any form or by any means including information storage and retrieval systems, without the prior written consent of the Department of the Parliamentary Library, other than by Senators and Members of the Australian Parliament in the course of their official duties.

This paper has been prepared for general distribution to Senators and Members of the Australian Parliament. While great care is taken to ensure that the paper is accurate and balanced, the paper is written using information publicly available at the time of production. The views expressed are those of the author and should not be attributed to the Information and Research Services (IRS). Advice on legislation or legal policy issues contained in this paper is provided for use in parliamentary debate and for related parliamentary purposes. This paper is not professional legal opinion. Readers are reminded that the paper is not an official parliamentary or Australian government document. IRS staff are available to discuss the paper's contents with Senators and Members and their staff but not with members of the public.

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Published by the Department of the Parliamentary Library, 2003

I N F O R M A T I O N A N D R E S E A R C H S E R V I C E S

Bills Digest No. 28 2003-04

Student Assistance Amendment Bill 2003

Dale Daniels Social Policy Group 10 September 2003

Contents

Purpose . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1

Background . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1

Main Provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1

Student Assistance Amendment Bill 2003

Date Introduced: 26 June 2003

House: House of Representatives

Portfolio: Family and Community Services

Commencement: On Royal Assent

Purpose

To close the Student Financial Supplement Scheme in respect of ABSTUDY students from 1 January 2004.

To amend provisions relating to regulation making powers.

Background

The Student Financial Supplement Scheme (SFSS) was introduced in 1993 so that Austudy and Abstudy students could gain access to more financial support than those payments offered, in the form of a loan.

A more detailed treatment of the loan scheme and the view of it taken by the political parties and other interest groups is provided in the digest for the Family and Community Services (Closure of Student Financial Supplement Scheme) Bill 2003. That Bill closes the scheme for Youth Allowance, Austudy payment and Pensioner Education Supplement recipients.

Main Provisions

Item 3 of Schedule 1 inserts new Division 1A into Part 4A of the Student Assistance Act 1973. Proposed section 12AA of the new Division closes the SFSS to applicants from 1 January 2004. Items 1-2 and 4-5 make amendments consequential to this closure.

Item 1 of Schedule 2 inserts proposed subsection 48(2) into the Student Assistance Act 1973. It has the effect of broadening the regulation making power under the Act.

Warning:

This Digest was prepared for debate. It reflects the legislation as introduced and does not canvass subsequent amendments.

This Digest does not have any official legal status. Other sources should be consulted to determine the subsequent official status of the Bill.