Education and Training Reform Act 2006

The Authority may accept a written undertaking given by an RTO in connection with—

any matter in relation to which the Authority has a power or function under this Act; or

any matter relating to a contravention of a relevant law.

For the avoidance of doubt, an RTO may give an undertaking under this Subdivision to establish a trust fund into which students' fees are paid and the circumstances in which funds may be withdrawn from that trust fund.

For the avoidance of doubt, an undertaking given or Court order made under this Subdivision may not be inconsistent with a relevant law.

An RTO may withdraw or vary an undertaking at any time, if the RTO has first obtained the consent of the Authority.