The Student Loan Scheme Amendment Act 2005 allows the student loan scheme interest rates to be set by a formula adopted by Order in Council.

Sections 2 and 87 of the Student Loan Scheme Act 1992

The Student Loan Scheme Amendment Act 2005 allows the student loan scheme interest rates to be set by a formula adopted by Order in Council.

Application date

The amendments allow a formula to be adopted for the 2006-07 and future tax years.