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Raising debts of advance payments 107-04030000



Formula

To calculate a MOB advance debt amount:

Amount of advance divided by 13, then multiplying this figure by the number of paydays in the advance period.

Where the:

  • amount of advance means the amount of MOB advance paid to the recipient
  • number of paydays means the number of whole paydays in the period that:
    • starts on the day that the customer ceased to be qualified for MOB, and
    • ends at the end of the customer's advance payment period

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Processing Services details for: ABSTUDY and ABSTUDY PES