Key matters to be dealt with in FT agreements
8 Key matters to be dealt with in FT agreements
Without limiting paragraph 7(b), the terms and conditions of an FT agreement with a State must deal with the following matters:
the period of the FT agreement;
the areas of study, or the industries, that are a national or State priority for FT places to be offered in;
the number of FT places that are to be offered in the State;
the calendar year, or years, during which the FT places are to be offered;
the groups that are to be prioritised for access to the FT places;
the amount of financial assistance that is to be provided to the State and a schedule of payments;
performance milestones;
the proportion of the financial assistance that is to be provided to:
TAFE institutions; and
other VET providers;
the VET providers, or classes of VET providers, eligible to receive funding for the FT places;
arrangements for reviewing and evaluating the agreement;
a process for varying the agreement;
a requirement for the State to provide the Commonwealth with information about:
the total amount of funding provided for FT places in the State; and
the amount of funding provided by the Commonwealth for the FT places in the State; and
the courses in which the FT places are being offered; and
the number of persons enrolled in an FT place in those courses; and
of the persons enrolled in an FT place in those courses—the number of persons who completed the course; and
if the agreement identifies groups that are to be prioritised for access to the FT places—the number of persons enrolled in an FT place who are in an identified group;
requirements relating to the form, manner and period within which the information mentioned in paragraph (l) is to be provided.
An FT agreement is not invalid merely because it does not deal with one or more of the matters mentioned in paragraphs (1)(a) to (k).
This Act’s bill:Explanatory memorandumSecond reading speech
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