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s 5

Definitions

In force
Part 1Preliminary

5 Definitions

(1)

In this Act:

administrative fee component, for a leviable provider for a year, has the meaning given by section 8.

leviable provider means an approved course provider to whom Part 5A of the VET Student Loans Act 2016 applies but does not include a provider covered by subsection (1A).

new provider, for a year, means a leviable provider that was not an approved course provider at any time during the previous year.

property of any kind belonging to a State: see subsection 4(2).

risk rated premium component, for a leviable provider for a year, has the meaning given by section 11.

special tuition protection component, for a leviable provider for a year, has the meaning given by section 12.

total VSL students, for a leviable provider for a year, means the total number of students who:

(a)

were enrolled with the provider in an approved course with a census date occurring in the previous year; and

(b)

have been approved for a VET student loan for the course.

VSL tuition protection levy means levy imposed by section 6.

year means calendar year.

(1A)

An approved course provider is covered by this subsection if the provider is a registered training organisation that is:

(a)

owned by the Commonwealth, a State or a Territory; or

(b)

established to provide vocational education or training under one of the following:

(i)

the Technical and Further Education Commission Act 1990 (NSW);

(ii)

the Education and Training Reform Act 2006 (Vic.);

(iii)

the TAFE Queensland Act 2013 (Qld);

(iv)

the Vocational Education and Training Act 1996 (WA);

(v)

the TAFE SA Act 2012 (SA);

(vi)

the Training and Workforce Development Act 2013 (Tas.);

(vii)

the Canberra Institute of Technology Act 1987 (ACT).

(2)

An expression used in this Act that is also used in the VET Student Loans Act 2016 has the same meaning as in that Act.

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