Effect of death of customer on Financial Supplement loan (FSL) after transfer to the Australian Taxation Office (ATO) 102-15010100

The Student Financial Supplement Scheme (SFSS) closed from 1 January 2004. Since December 2005 all outstanding Financial Supplement Loans (FSL) have been transferred to the Australian Taxation Office (ATO) for recovery.

Policy

ABSTUDY and ABSTUDY Pensioner Education Supplement (PES)

Links to the ABSTUDY Policy Manual go to pdf and docx documents. Select the document and go to the reference(s) below..

ABSTUDY Policy Manual, section 13.3 Death of a Student

Note: since the closure of the SFSS Scheme on 31 December 2003, no SFSS Policy exists in the new ABSTUDY Policy Manuals.

Austudy, PES and Youth Allowance (YA)

Social Security Guide 2.2.6, Confirming a Death

Social Security Guide 3.8.4.60, Cessation of the Financial Supplement

Social Security Guide 3.8.4.80, Repayment of the Financial Supplement - After the Contract Ends

Legislation

Links to the Federal Register of Legislation site go to a 'Series' page. Select the 'Latest' version.

Social Security Act 1991, part 2B.2, division 1, Payments to stop at request of recipient

Social Security (Administration) Act 1999, section 72(6), Provisions relating to notice

Note: open correct version of the act and scroll/navigate to 'If a notice under section 67, 68 or 70A specifies an event consisting of ...' (subsection 6)