Commonwealth Consolidated Acts

VET STUDENT LOANS ACT 2016 - SECT 45

  (1)   The Secretary may require an approved course provider to be audited.

  (2)   The audit (the compliance audit ) must be for the purposes of determining either or both of the following:

  (a)   whether the provider is complying with this Act;

  (b)   whether one or more students enrolled by the provider are genuine students.

  (3)   The audit must be conducted:

  (a)   by:

  (i)   the National VET Regulator; or

  (ii)   an auditor approved in writing by the Secretary; and

  (b)   at such time or times, and in such manner, as the Secretary requires.

  (4)   The auditor may require any person to provide the auditor with all reasonable facilities and assistance for the purposes of the audit.

  (5)   A person contravenes this subsection if the person fails to cooperate fully with the auditor in relation to a compliance audit.

Civil penalty:   60 penalty units.