Statutory Rules 1994   No. 4441

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AUSTUDY/ABSTUDY Supplement Regulations2 (Amendment)

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Student Assistance Act 1973.

Dated 20 December 1994.

 BILL HAYDEN

 Governor-General

 By His Excellency’s Command,

ROSS FREE

Minister for Schools, Vocational Education and Training

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1.   Commencement

1.1   These Regulations commence on 1 January 1995.

2.   Amendment

2.1   The AUSTUDY/ABSTUDY Supplement Regulations are amended as set out in these Regulations.

3.   Regulation 7 (Prescribed parental income)

3.1   Omit “$50,000”, substitute “$50,850”.

4.   Regulation 9 (Maximum amount of financial supplement for category 1 students)

4.1   Paragraph 9 (1) (a):

Omit “$6,000;”, substitute “$7,000;”.

4.2   Subregulation 9 (4):

Omit “$6,000”, substitute “$7,000”.

5.   New regulation 16

5.1   After regulation 15, insert:

Time for payment of financial supplement

 “16. Financial supplement is to be paid fortnightly to an eligible student.”.

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NOTES

1. Notified in the Commonwealth of Australia Gazette on 30 December 1994.

2. Statutory Rules 1992 No. 454 as amended by 1993 No. 365.