Pursuant to section 303 of the Education Act 1989, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following regulations.

Preamble

1 Title

2 Commencement

3 Principal regulations amended

4 Application

5 Reassessment of parental income

6 Schedule 1 revoked

7 Schedule 2 amended [Revoked]

1 Title

These regulations are the Student Allowances Amendment Regulations (No 2) 2007.

2 Commencement

These regulations come into force on 1 September 2007.

3 Principal regulations amended

These regulations amend the Student Allowances Regulations 1998.

4 Application

These regulations apply in relation to the assessment and payment of allowances to students for weeks starting on or after 1 January 2008 (whether the allowance were first payable to the students before, on, or after that date).

5 Reassessment of parental income

(1) Regulation 5(1) is revoked and the following clause substituted:
- “(1) The chief executive may reassess the annual parental income of any student exceeding $44,333.64 if, in any year during that student's course of study, that income decreases by not less than 25%.”
(2) Regulation 5(2) is amended by omitting “an amount or” and substituting “a”.

6 Schedule 1 revoked

Schedule 1 is revoked.

7 Schedule 2 amended

[Revoked]

Regulation 7: revoked, on 1 April 2008, by regulation 5(b) of the Student Allowances Amendment Regulations 2008 (SR 2008/55).

Martin Bell,

for Clerk of the Executive Council.

Explanatory note

This note is not part of the regulations, but is intended to indicate their general effect.

These regulations, which come into force on 1 September 2007, amend the Student Allowance Regulations 1998 (the principal regulations).

These regulations apply to the assessment and payment of student allowances for weeks starting on or after 1 January 2008.

Regulation 7 increases by 10% the level of weekly parental income used in calculating the basic grant payable to a single student who is childless and under 25. The basic grant is only reduced if the weekly parental income exceeds the higher threshold of $852.57 per week (increased from $775.06 per week).

As a result of this new threshold, the provision in regulation 5 of the principal regulations, for the reassessment of parental income, is only relevant where parental income exceeds $44,333.64 per annum and that income is decreased by at least 25%. Regulation 5 of the principal regulations is amended to make this clear and to remove the need to refer to Schedule 1 (which is consequentially revoked).

Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 30 August 2007.

1General
2About this eprint
3List of amendments incorporated in this eprint (most recent first)

Notes

1 General

This is an eprint of the Student Allowances Amendment Regulations (No 2) 2007. It incorporates all the amendments to the Student Allowances Amendment Regulations (No 2) 2007 as at 1 April 2008. The list of amendments at the end of these notes specifies all the amendments incorporated into this eprint since 5 November 2007. Relevant provisions of any amending enactments that contain transitional, savings, or application provisions are also included, after the Principal enactment, in chronological order.

2 About this eprint

This eprint has not been officialised. For more information about officialisation, please see "Making online legislation official" under "Status of legislation on this site" in the About section of this website.

3 List of amendments incorporated in this eprint (most recent first)

Student Allowances Amendment Regulations 2008 (SR 2008/55): regulation 5(b)

Student Allowances Amendment Regulations (No 2) 2007