Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) An austudy payment is not payable to a person who is qualified for an austudy payment while the person is subject to a waiting period.
(2) For the purposes of this Part, a person may be subject to the following waiting periods:
(a) a liquid assets test waiting period (see sections 575A, 575B and 575C);
(b) a newly arrived resident's waiting period (see sections 575D and 575E).