Commonwealth Consolidated Acts

EDUCATION SERVICES FOR OVERSEAS STUDENTS (TPS LEVIES) ACT 2012 - SECT 5

Registered providers

  (1)   A provider who is registered on 1   January of a year is liable to pay a TPS levy for the year.

Note:   This section extends to a registered provider whose registration has been suspended.

  (2)   The amount of the TPS levy for a registered provider for a year is the sum of the following components:

  (a)   the provider ' s administrative fee component for the year (see section   6 ) ;

  (b)   the provider ' s base fee component for the year (see section   7 ) ;

  (c)   the provider ' s risk rated premium component for the year (see section   9 ) ;

  (d)   the provider ' s special tuition protection component for the year (see section   10 ) .

Note:   C lasses of providers may be exempt from the requirement to pay either or both the base fee component or the risk rated premium component: see section   12 .

Unregistered providers

  (3)   A provider who is not yet registered, but who is seeking to be registered under the Education Services for Overseas Students Act 2000 in a year , is liable to pay a TPS levy for the year.

  (4)   The amount of the TPS levy for such an unregistered provider for that year is the sum of the following components:

  (a)   the amount under paragraph   6(a) for the year ;

  (b)   the amount under paragraph   7(a) for the year .

Note:   Those amounts are indexed under section   8.