New Zealand Acts

STUDENT LOAN SCHEME ACT 2011 - SECT 35

35 Borrowers with SL repayment code must notify employers

1 A borrower whose repayment code is SL must notify his or her employer in a manner acceptable to the Commissioner.

2 The borrower must notify his or her employer as soon as practicable—

a) after the later of—

i) the time at which the borrower becomes an employee of the employer; and

ii) the time at which the borrower becomes a borrower; and

b) if an TTC repayment code ceases to apply to the borrower.

c)

Note: 1992 No 141 s 18

History: Section 35(2)(b): replaced (with effect on 1 April 2012), on 12 April 2012, by section 10 of the Student Loan Scheme Amendment Act 2012 (2012 No 32).   Section 35(2)(b): amended, on 1 April 2019, by section 329 of the Taxation (Annual Rates for 2018–19, Modernising Tax Administration, and Remedial Matters) Act 2019 (2019 No 5).     Section 35(2)(c): repealed (with effect on 1 April 2012), on 12 April 2012, by section 10 of the Student Loan Scheme Amendment Act 2012 (2012 No 32).