1.1.O.30 Original repayment period (FTB advance)


The original repayment period for an FTB advance is a period of 182 days in which an individual's FTB Part A is reduced to repay an FTB advance, unless the Secretary has determined a different period for the advance ( such as:

  • a shorter repayment period
  • an extended or 'new advance' period to accommodate an amount of unrepaid FTB advance.

Act reference: FAAct Schedule 1 clause 41(3) Meaning of original repayment period, Schedule 1 clause 42 Secretary determines shorter repayment period, Schedule 1 clause 51 Recalculation of amount of unrepaid FTB advance

Policy reference: FA Guide Variations to FTB advance repayment period

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