23EBRepayable VETSL debt for an income year

#### 23EB Repayable VETSL debt for an income year (1) A person’s repayable VETSL debt for an income year is: (a) the person’s accumulated VETSL debt referred to in paragraph 23EA(1)(b) in relation to that income year; or (b) if one or more amounts: (i) have been paid in reduction of that debt; or (ii) have been assessed under section 23EE to be payable in respect of that debt; the amount (if any) remaining after deducting from that debt the amount, or sum of the amounts, so paid or assessed to be payable. (2) A reference in paragraph (1)(b) to an amount assessed to be payable is, if the amount has been increased or reduced by an amendment of the relevant assessment, a reference to the increased amount or the reduced amount.