s 12
In forceSpecial tuition protection component
Part 2VSL tuition protection levy
12 Special tuition protection component
(1)
If a leviable provider is a new provider for a year, the amount of the provider’s special tuition protection component for the year is zero.
(2)
Otherwise, a leviable provider’s special tuition protection component for a year is the total loan amounts paid to the provider under section 19 of the VET Student Loans Act 2016 for the previous year, multiplied by the percentage determined in an instrument under section 13 for the purposes of this subsection for the year.
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