Student Loan Scheme Amendment Act 2005
Student Loan Scheme Amendment Act 2005 introduces an amnesty on student loan penalties, an interest rate formula, and interest free loans for borrowers in NZ.
The Student Loan Scheme Amendment Act 2005 is one of the three Acts to result from the passage of the Taxation (Urgent Measures) Bill, introduced in November 2005. The new Act received Royal assent on 21 December 2005.