Higher Education Funding Amendment Act 2002 (87 of 2002)

Schedule 1   Amendment of the Higher Education Funding Act 1988

Part 2   Post-graduate education loan scheme

20   After section 98J

Insert:

98JA Eligible private institution to report information

(1) The Minister must, as soon as practicable after 31 December in each year, require each eligible private institution that offers an eligible post-graduate course of study to report to the Minister, in an approved form, information regarding their operations during that year.

(2) The eligible private institution must comply with a requirement under subsection (1) as soon as practicable.

(3) The information provided under subsection (1) must include (but is not limited to):

(a) information consistent with that required of any institution to which similar financial assistance is granted under this Act; and

(b) further information consistent with that required of any institution under this Act, as determined by the Minister.

Note 1: Section 108 requires any institution to which financial assistance is granted to provide a financial statement, together with an auditor's report.

Note 2: The Minister may require statistical and other information under paragraph 18(1)(g). The Minister may also require further information relating to students in designated courses of study at the institution under section 58.

(4) The Minister must be satisfied that the eligible private institutions have met these requirements and must table the relevant information in each House of the Parliament as soon as practicable after receipt.

Note: The heading to section 98J is altered by adding at the end " about post-graduate students ".