Commonwealth Consolidated Acts

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SOCIAL SECURITY ACT 1991 - SECT 1061ZZEE

Liability of person

  (1)   No amount is taken to be outstanding under the contract after the notice is given.

  (2)   However, the person is liable to pay to the Commonwealth an amount worked out, as at the end of the period of 4 weeks referred to in subsection   1061ZZDY(3), using the formula:

Start formula Principal sum minus Amounts repaid plus Interest subsidy end formula


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