Effect of bankruptcy on Financial Supplement Loan (FSL) prior to transfer to the Australian Taxation Office (ATO) 102-15010050

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Legislation

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ABSTUDY and ABSTUDY Pensioner Education Supplement (PES)

Student Assistance Act 1973

• section 12ZW, Application of the Bankruptcy Act

Austudy, Pensioner Education Supplement (PES) and Youth Allowance (YA)

Social Security Act 1991

• section 1061ZZFQ, Application of Division
• section 1061ZZFR, Treatment of debt

Provable debts

Bankruptcy Act 1966

• section 82, Debts provable in bankruptcy