4.6.2.20 Assessing Exemption for Irrecoverable Loans, Failed Loans & Debts
Summary
Once a loan ceases to exist for social security purposes it is no longer assessed under SSAct section 1122. Assessment of loans is discussed in 4.6.5.60.
Version 1.323 - Released 9 December 2024
Information provided on this website is prepared by the Department of Social Services (DSS) for general information only. You should independently check whether the information is relevant for your purposes.
While DSS makes every effort to ensure that the information on this site is up to date, DSS accepts no responsibility for the accuracy or completeness of the information.
DSS does not accept liability for reliance on any information presented on this site.
For more information, please see the DSS Copyright & Disclaimer webpage.