Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Part 1—Preliminary

Part 1 Preliminary

   

1   Short title

                   This Act is the VET Student Loans (VSL Tuition Protection Levy) Act 2020 .

2   Commencement

             (1)  Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this Act

At the same time as Schedule 1 to the Education Legislation Amendment (Tuition Protection and Other Measures) Act 2019 commences.

 

Note:          This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

             (2)  Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3   Crown to be bound

                   This Act binds the Crown in each of its capacities.

4   Act does not impose tax on property of a State

             (1)  This Act does not impose a tax on property of any kind belonging to a State.

             (2)  Property of any kind belonging to a State has the same meaning as in section 114 of the Constitution.

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.