(1) The Tertiary Education Quality and Standards Agency ( TEQSA ) is established by this section.
(2) Each State and Territory Minister who is responsible for higher education must be consulted if TEQSA is to be abolished.
(3) For the purposes of the finance law (within the meaning of the Public Governance, Performance and Accountability Act 2013 ):
(a) TEQSA is a listed entity; and
(b) the Commissioners are the accountable authority of TEQSA; and
(c) the following persons are officials of TEQSA:
(i) the Commissioners;
(ii) the Chief Executive Officer;
(iii) the staff of TEQSA referred to in section 156; and
(d) the purposes of TEQSA include the functions of TEQSA referred to in section 134.