VET Student Loans Amendment Rules (No.1) 2023 (F2023L01395)

Schedule Amendments to the VET Student Loans Rules 2016

Repeal the subsection, substitute:

(2) Any transaction between the provider and key personnel or related parties may only be made:

(a) where the transaction is reasonably necessary for the operations of the provider; and

(b) where the terms and conditions of the transaction are reasonable having regard to the circumstances of the provider.