VET Student Loans Act 2016
Application of section
66C(1)
This section applies if an approved course provider defaults in relation to a student.
Notifying the VSL Tuition Protection Director of default
66C(2)
The approved course provider must, within 24 hours of the default occurring, give written notice to the VSL Tuition Protection Director of the circumstances of the default.
Notifying the VSL Tuition Protection Director of details of default
66C(3)
The approved course provider must, within 3 business days of the default occurring, give a written notice to the VSL Tuition Protection Director specifying:
(a) the following information for each student in relation to whom the provider has defaulted:
(i) the student ' s full name and contact details;
(ii) the course, or part or parts of the course, that the student was enrolled in at the time of the default;
(iii) the amount of the tuition fees for each course, or part of the course, that student was enrolled in at the time of the default;
(iv) details about the payment of those tuition fees, including the amounts that are covered fees; and
(b) any other matter prescribed by the rules.
66C(4)
If requested in writing by the VSL Tuition Protection Director, the approved course provider must give to the Director either of the following for a student in relation to whom the provider has defaulted:
(a) a copy of a statement of attainment or other Australian Qualifications Framework certification documentation issued by the course provider or an authorised issuing organisation in accordance with the Australian Qualifications Framework for the parts of the course that the student has completed;
(b) a copy of an authenticated VET transcript prepared by the Registrar (within the meaning of the Student Identifiers Act 2014 ) for the parts of the course that the student has completed.
Notice requirements
66C(5)
A notice given under subsection (2) or (3) must comply with any requirements prescribed by the rules for the purposes of this subsection.
Civil penalty
66C(6)
An approved course provider contravenes this subsection if the provider fails to comply with this section.
Civil penalty: 60 penalty units.
Offence
66C(7)
An approved course provider commits an offence of strict liability if the provider contravenes this section.
Penalty: 60 penalty units.
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