Interest rate formula
The Student Loan Scheme Amendment Act 2005 allows the student loan scheme interest rates to be set by a formula adopted by Order in Council.
Sections 2 and 87 of the Student Loan Scheme Act 1992
The Student Loan Scheme Amendment Act 2005 allows the student loan scheme interest rates to be set by a formula adopted by Order in Council.
Application date
The amendments allow a formula to be adopted for the 2006-07 and future tax years.