The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

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

Definition

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 (1.2.8.20) 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 1.2.8.20 Variations to FTB advance repayment period

Last reviewed: