Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) An approved course provider defaults in relation to a student if:
(a) the provider fails to start to provide a course or a part of a course to the student on the day on which the course or part was scheduled to start; and
(b) the student has not withdrawn before that day; and
(c) either:
(i) a VET student loan has been approved for the student for the course on or before that day; or
(ii) the student is an eligible student for the course and has a HELP balance of greater than zero on that day.
(2) An approved course provider defaults in relation to a student if:
(a) the provider ceases to provide a course or a part of a course to the student on a day that is after the course or part starts but before it is completed; and
(b) the student has not withdrawn before that day; and
(c) either:
(i) a VET student loan has been approved for the student for the course on or before that day; or
(ii) the student is an eligible student for the course and has a HELP balance of greater than zero on that day.
(3) An approved course provider defaults in relation to a student if circumstances prescribed by the rules apply in relation to the provider and the student.