SOCIAL SECURITY ACT 1991 - SECT 1061ZZEQ Accumulated FS debt incurred by person

SOCIAL SECURITY ACT 1991 - SECT 1061ZZEQ

  (1)   If:

  (a)   a person had or has an FS debt or FS debts on 1   June in a year (the later date ); and

  (b)   the debt was not or is not, or the debts did not or do not include, an FS debt that existed on the previous 1   June;

the person is taken to have incurred, or incurs, as the case may be, an accumulated FS debt to the Commonwealth on the later date.

  (2)   If:

  (a)   a person had or has an FS debt or FS debts on 1   June in a year (the later date ); and

  (b)   the debt was or is, or the debts included or include, an FS debt that existed on the previous 1   June (the earlier date );

the person is taken to have incurred, or incurs, as the case may be, an accumulated FS debt to the Commonwealth on the later date.