VET Student Loans Act 2016

PART 5A - TUITION PROTECTION  

Division 2 - Obligations when a provider defaults in relation to a student  

SECTION 66H   OBLIGATIONS WHERE THERE IS NO REPLACEMENT COURSE  

66H(1)    
This section applies if:


(a) an approved course provider defaults in relation to a student; and


(b) the VSL Tuition Protection Director decides, under paragraph 66E(1)(b), that the Director is not satisfied that there is a suitable replacement course for the student.

66H(2)    
The VSL Tuition Protection Director must give a written notice to the Secretary of that fact.

66H(3)    
The VSL Tuition Protection Director must give a written notice to the provider:


(a) stating that an amount equal to the loan amount that has been used to pay tuition fees for the student for the affected part:


(i) will be re-credited to the student ' s HELP balance; and

(ii) will be required to be paid by the provider to the Commonwealth; and


(b) inviting the provider to make written submissions to the Director about the amount of the re-credit within 28 days.

Note:

The amount is re-credited by the Secretary under section 72A . The Secretary must consider submissions before re-crediting a student ' s HELP balance.





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