Commonwealth Consolidated Acts

VET STUDENT LOANS ACT 2016 - SECT 49A

  (1)   An approved course provider to whom Part   5A applies must pay the following when it is due and payable by the provider:

  (a)   VSL tuition protection levy;

  (b)   any penalty for late payment of VSL tuition protection levy.

Note 1:   VSL tuition protection levy is imposed by the VET Student Loans (VSL Tuition Protection Levy) Act 2019 . Amounts of levy for a year are either determined before, or indexed on, 1   August in the year: see sections   9 and 10 of that Act.

Note 2:   See section   66A for the providers to whom Part   5A applies.

  (2)   The rules may make provision for, or in relation to, all or any of the following matters:

  (a)   the issue of notices setting out the amount of VSL tuition protection levy payable by a provider;

  (b)   when VSL tuition protection levy is due and payable;

  (c)   the issue of notices extending the time for payment of VSL tuition protection levy;

  (d)   penalties for late payment of VSL tuition protection levy;

  (e)   to whom VSL tuition protection levy and any penalties for late payment are payable;

  (f)   the refund, remission or waiver of VSL tuition protection levy or penalties for late payment;

  (g)   the notional liability of the Commonwealth to pay VSL tuition protection levy;

  (h)   the review of decisions made under the rules in relation to the collection or recovery of VSL tuition protection levy;

  (i)   any other matters relating to the collection or recovery of VSL tuition protection levy.