Student Loan Scheme Amendment Act 2000

  • repealed
  • Student Loan Scheme Amendment Act 2000: repealed, on 1 April 2012, pursuant to section 225 of the Student Loan Scheme Act 2011 (2011 No 62).

Reprint
as at 1 April 2012

Student Loan Scheme Amendment Act 2000

Public Act2000 No 33
Date of assent18 September 2000
  • Student Loan Scheme Amendment Act 2000: repealed, on 1 April 2012, pursuant to section 225 of the Student Loan Scheme Act 2011 (2011 No 62).


Note

Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this eprint.

A general outline of these changes is set out in the notes at the end of this eprint, together with other explanatory material about this eprint.

This Act is administered by the Inland Revenue Department.


The Parliament of New Zealand enacts as follows:

1 Title
  • (1) This Act is the Student Loan Scheme Amendment Act 2000.

    (2) In this Act, the Student Loan Scheme Act 1992 is called the principal Act.

2 Commencement
  • This Act comes into force on the day after the date on which it receives the Royal assent.

Part 1
Amendments to principal Act

3 Interpretation
  • (1) Section 2 of the principal Act is amended by inserting, after the definition of challenge, the following definition:

    chief executive means the chief executive of the department that is, with the authority of the Prime Minister, for the time being responsible for the administration of the Social Security Act 1964.

    (2) Section 2 of the principal Act is amended by omitting from the definition of lender the words Minister of Education, and substituting the words Minister who is, with the authority of the Prime Minister, for the time being responsible for the administration of the Social Security Act 1964.

4 Power to require objection to be determined by chief executive
  • (1) Section 8 of the principal Act is amended by omitting the words Secretary of Education wherever they occur, and substituting in each case the words chief executive.

    (2) The heading to section 8 of the principal Act is amended by omitting the words Secretary of Education, and substituting the words chief executive.

5 Chief executive to consider objections
  • (1) Section 9 of the principal Act is amended by omitting the words Secretary of Education wherever they occur, and substituting in each case the words chief executive.

    (2) Section 9(2) of the principal Act is amended by omitting the words Secretary of Education's, and substituting the words chief executive's.

    (3) The heading to section 9 of the principal Act is amended by omitting the words Secretary of Education, and substituting the words Chief executive.

6 Extension of time for objection
  • Section 10 of the principal Act is amended by omitting the words Secretary of Education, and substituting the words chief executive.

7 Right to apply to Disputes Tribunal or District Court
  • Section 11(1) of the principal Act is amended by omitting the words Secretary of Education wherever they occur, and substituting in each case the words chief executive.

8 Deductions from income-tested benefits
  • Section 23 of the principal Act is amended by omitting the words of the department for the time being responsible for the administration of the Social Security Act 1964.

9 Disclosure of information
  • (1) Section 62 of the principal Act is amended—

    • (a) by omitting the words Secretary of Education wherever they occur, and substituting in each case the words chief executive:

    • (b) by omitting the words Ministry of Education wherever they occur, and substituting in each case the words specified department.

    (2) Section 62 of the principal Act is amended by adding the following subsection:

    • (6) In this section, specified department means the department that is, with the authority of the Prime Minister, for the time being responsible for the administration of the Social Security Act 1964.

10 New section 63A inserted
  • (1) The principal Act is amended by inserting, after section 63, the following section:

    63A Loan contract enforceable against minor
    • A loan contract entered into by a borrower (whether before or after the commencement of this section) who is under 18 years of age must be treated, for the purposes of the Minors' Contracts Act 1969, as if the borrower were aged 18 years.

    (2) Nothing in subsection (1) applies to or affects any loan contract that is the subject of proceedings commenced before 5 October 1999, being the date on which this Act was introduced as a Bill into the House of Representatives.

Part 2
Transitional provisions

11 Transitional provision relating to transfer of loans entered into before 31 December 1999
  • Sections 8 to 11 of the principal Act, as they read immediately before the commencement of this Act, continue to apply to any objection as to a loan balance relating to a student loan—

    • (a) entered into on or before 31 December 1999; and

    • (b) under which money is first advanced to the borrower on or before 31 December 1999.

12 Transitional provision relating to disclosure of information
  • Section 62 of the principal Act, as it read immediately before the commencement of this Act, applies to information relating to a student loan—

    • (a) entered into on or before 31 December 1999; and

    • (b) under which money is first advanced to the borrower on or before 31 December 1999.


Contents

  • 1General

  • 2About this eprint

  • 3List of amendments incorporated in this eprint (most recent first)


Notes
1 General
  • This is an eprint of the Student Loan Scheme Amendment Act 2000. The eprint incorporates all the amendments to the Act as at 1 April 2012. The list of amendments at the end of these notes specifies all the amendments incorporated into this eprint since 3 September 2007.

    Relevant provisions of any amending enactments that contain transitional, savings, or application provisions that cannot be compiled in the eprint are also included, after the principal enactment, in chronological order.

2 About this eprint
3 List of amendments incorporated in this eprint (most recent first)
  • Student Loan Scheme Act 2011 (2011 No 62): section 225