Section 1061ZZEZ — Social Security Act 1991: Compulsory payments in respect of accumulated FS debt
Text of the provision Official document
(1) If: (a) a person’s repayment income for the income year 2006-07 or a subsequent income year exceeds the minimum repayment income for that income year; and (b) on 1 June immediately preceding the making of an assessment in respect of the person’s income for that income year, the person had an accumulated FS debt; the person is liable to pay to the Commonwealth, in accordance with this Division, the amount worked out under section 1061ZZFD in reduction of the person’s repayable debt. (2) A person is not liable under this section to pay an amount for an income year if, under section 8 of the Medicare Levy Act 1986: (a) no Medicare levy is payable by the person on the person’s taxable income for the income year; or (b) the amount of the Medicare levy payable by the person on the person’s taxable income for the income year is reduced.
Official source: Federal Register of Legislation
Search case law on this topic
See judgments from Australian courts and tribunals with a plain-English summary and legal holding.
Explore case law →