Introduced with the Student Loans (Overseas Debtors Repayment Levy) Bill 2015 to create an overseas payment obligation for Australians living overseas with a Higher Education Loan Programme (HELP) or Trade Support Loan (TSL) debt, the bill amends the:
Higher Education Support Act 2003 to: enable the recovery of HELP debts from debtors residing overseas; provide that certain HELP debtors are required to register with the Australian Taxation Office (ATO); prescribe administrative arrangements relating to the debt recovery; and require students to notify their tax file number when applying for a HELP loan;
Trade Support Loans Act 2014 to enable the recovery of TSL debts from debtors who are residing overseas and provide that certain TSL debtors are required to register with the ATO;
Taxation Administration Act 1953 to enable taxation officers to disclose protected information to foreign jurisdictions to identify those with student loan repayment obligations; and
Income Tax Assessment Act 1936 and
Income Tax Assessment Act 1997 to make consequential amendments.