VET Student Loans Act 2016

PART 4 - APPROVED COURSE PROVIDERS  

Division 1 - Approving course providers  

SECTION 25   SECRETARY MAY APPROVE A BODY  

25(1)    
The Secretary may approve a body as an approved course provider if the Secretary is satisfied that the body meets the course provider requirements.

25(2)    
To meet the course provider requirements the body must:

(a) be a body corporate that is not a trustee; and

(b) be established under the law of the Commonwealth, a State or a Territory; and

(c) carry on business in Australia and have its central management and control in Australia; and

(d) be a registered training organisation; and

(e) meet the provider suitability requirements; and

(f) be a fit and proper person; and

(h) be a member of an approved external dispute resolution scheme.

Note:

If Part IIE of the Ombudsman Act 1976 (VET Student Loans Ombudsman) is an external dispute resolution scheme, all approved course providers are taken to be members of the scheme (see section 42BA ).

25(3)    
The Secretary may, in writing, exempt a body from the requirement in paragraph (2)(h) to be a member of an approved external dispute resolution scheme.

25(4)    
An exemption under subsection (3) is subject to such conditions as are specified in the exemption.