42BNo time limit on debt recovery action

42B No time limit on debt recovery action

For the purposes of this Part, any action under a provision of this Part for the recovery of a debt may be taken at any time.

39 Application provisions—family assistance amendments

(1) The amendments of the A New Tax System (Family Assistance) (Administration) Act 1999 made by this Part apply in relation to:

(a) a debt that arises on or after the commencement of this item; and
(b) a debt that arose before the commencement of this item, to the extent that the debt was outstanding immediately before that commencement.

(2) Paragraph (1)(b) applies in relation to a debt only if, immediately before the commencement of this item, action under section 84, 84A, 87, 87A or 89, or legal proceedings under section 88, of the A New Tax System (Family Assistance) (Administration) Act 1999 could be commenced or taken for the recovery of the debt.

40 Application provisions—paid parental leave amendments

(1) The amendments of the Paid Parental Leave Act 2010 made by this Part apply in relation to:

(a) a debt that arises on or after the commencement of this item; and
(b) a debt that arose before the commencement of this item, to the extent that the debt was outstanding immediately before that commencement.

(2) Paragraph (1)(b) applies in relation to a debt only if, immediately before the commencement of this item, legal proceedings under section 183, or action under section 184, of the Paid Parental Leave Act 2010 could be started or commenced for the recovery of the debt.

41 Application provisions—social security amendments

(1) The amendments of the Social Security Act 1991 made by this Part apply in relation to:

(a) a debt or overpayment that arises on or after the commencement of this item; and
(b) a debt or overpayment that arose before the commencement of this item, to the extent that the debt or overpayment was outstanding immediately before that commencement.

(2) Paragraph (1)(b) applies in relation to a debt or overpayment only if, immediately before the commencement of this item, action under section 1231 or 1233, or legal proceedings under section 1232, of the Social Security Act 1991 could be commenced for the recovery of the debt or overpayment.

42 Application provision—student assistance amendments

The amendment of the Student Assistance Act 1973 made by this Part applies in relation to:

(a) a debt that arises on or after the commencement of this item; and
(b) a debt that arose before the commencement of this item, to the extent that the debt was outstanding immediately before that commencement.