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StatuteSocial Security (Administration) Act 1999

Section 47DB — Social Security (Administration) Act 1999: Student start-up loans

Text of the provision Official document

(1) If a person is qualified for a student start-up loan for a qualification period: (a) the loan becomes payable to the person on the day the Secretary determines the person’s claim for the loan; and (b) the Secretary must pay the amount of the loan to the person as soon as reasonably practicable after that day. (2) Despite subsection (1), if: (a) a person is qualified for a student start-up loan for a qualification period because the person is receiving youth allowance; and (b) the whole or a part of the person’s instalment of youth allowance is paid to a parent of the person, under section 45 of this Act, in respect of a period that includes the day the Secretary determines the person’s claim for the loan; the Secretary may pay the whole, or the same proportion, of the person’s loan to that parent or to any other person.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.