46Changing the repayment period—individual requests shorter period

#### 46 Changing the repayment period—individual requests shorter period Request for shorter repayment period (1) The Secretary may determine that the number of days in a repayment period for a family tax benefit advance paid to an individual is to be decreased if: (a) the individual has made a request in accordance with subclause (2) for a shorter repayment period; and (b) the Secretary is satisfied that the individual would not suffer severe financial hardship if the number of days in the repayment period were decreased as determined. (2) The request must be made in a form and manner, contain any information, and be accompanied by any documents, required by the Secretary. Request for variation of the determination (3) On the request of the individual, the Secretary may, in writing, vary the determination so as to increase the number of days in the repayment period. (4) However, the Secretary must not vary the determination under subclause (3) if, as a result of the variation, the amount by which the individual’s Part A rate is to be reduced under clause 5 or 25A would be less than the standard reduction. > Note: If, after a variation under subclause (3), the reduction in the individual’s Part A rate under clause 5 or 25A would cause the individual to suffer severe financial hardship, the individual may request a longer repayment period under clause 47.