VET Student Loans Act 2016

PART 5B - VSL Tuition Protection Fund, VSL Tuition Protection Director and VSL Tuition Protection Fund Advisory Board  

Division 2 - VSL Tuition Protection Director  

SECTION 66N   FUNCTIONS OF THE VSL TUITION PROTECTION DIRECTOR  

66N(1)    
The VSL Tuition Protection Director has the following functions:

(a)    facilitating and monitoring the placement of students in relation to whom an approved course provider has defaulted;

(b)    paying amounts out of, or reducing the balance of, the VSL Tuition Protection Fund under section 66L ;

(c)    reporting to the Minister on:

(i) the operation of Part 5A (tuition protection); and

(ii) the financial status of the VSL Tuition Protection Fund;

(d)    

managing the VSL Tuition Protection Fund in a way that ensures that it is able to meet all its liabilities from time to time;

(e)    making the legislative instrument each year for the purposes of section 12 of the VET Student Loans (VSL Tuition Protection Levy) Act 2019 ;

(f)    recommending that the Secretary take action against an approved course provider that has defaulted in relation to a student or has otherwise not complied with this Act;

(g)    any other function conferred by this Act or any other law of the Commonwealth;

(h)    any other function that is incidental or conducive to the performance of the above functions.

66N(2)    
The VSL Tuition Protection Director has power to do all things necessary or convenient to be done for, or in connection with, the performance of the Director ' s functions.