Statutory Rules
1977 No. 147
REGULATIONS
UNDER THE STUDENT ASSISTANCE ACT 1973*
I,
THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice
of the Federal Executive Council, hereby make the following Regulations under
the Student Assistance Act 1973,
Dated this sixth day of December
1977.
John R. Kerr
Governor-General
By His Excellency’s Command,
Minister
of State for Education
Amendment
of this Student Assistance Regulations
1. After regulation 30 of
the Student Assistance Regulations the following regulation is inserted:
Interpretation-12months’ income: special accounting
period
“ 30a.
Where under section 18 of the Income Tax
Assessment Act 1936 it person, not being a grantee, adopts, or is to be
deemed to have adopted, an accounting period, being the 12 months ending on adate other than 30 June, a reference in
this Part to the income of the person in the 12 months ending on that 30 June
shall be read as a reference to the income of the person in that accounting
period.”.
Application
2.The
amendment of the Student Assistance Regulations effected byregulation 1 applies in relation to the grant of Tertiary
Education Assistance in respect of a period commencing on or after 1 January
1977.
Non-reduction
3. Notwithstanding
regulations 1 and 2, where in respect of the year that commenced on 1 January
1977 the amount of benefit under Tertiary Education Assistance that, would have
been payable in respect of a person by virtue of the Student Assistance
Regulations if regulations 1 and 2 had not come into operation exceeds the
amount of benefit under Tertiary Education Assistance payable in respect of the
person in respect of that year by virtue of the Student Assistance Regulations
as amended by these Regulations, there is payable- in respect of the person an
amount equal to the amount of the excess.
*Notified
in the Commonwealth of Australia Gazette on
8 September 1977
Statutory Rules 1974, No. 179 as amended by Statutory Rules 1974, Nos. 235 and
258; 1975, Nos. 136, 203 and 219; 1976, Nos. 92, 121, 286, 287, 292 and 293.
Printed
by Authority by the Acting Commonwealth Government printer
“13859/77—Cat.
No.—Recommended retail price 10c 15/5.8.1977