Commonwealth Consolidated Acts

HIGHER EDUCATION SUPPORT ACT 2003 - SECT 154.32

    The amount of levy that a person is liable to pay under section   154 - 16, in respect of an * income year, is an amount equal to the difference between:

  (a)   the amount that the person would have been liable to pay under section   154 - 1 if:

  (i)   the person had a * repayment income for the income year of an amount equal to the person's * assessed worldwide income for the income year; and

  (ii)   subsection   154 - 1(2) did not apply to the person; and

  (b)   the amount (if any) the person is liable to pay under section   154 - 1, in respect of the income year.