Commonwealth Consolidated Acts

SOCIAL SECURITY ACT 1991 - SECT 1061ZZEZ

             (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.