Commonwealth Numbered Acts

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EDUCATION SERVICES FOR OVERSEAS STUDENTS ACT 2000 - SECT 24

Annual Fund contributions
(1)
A registered provider must pay an annual Fund contribution for each calendar year.

Note: Part 5 has the details about how amounts of contribution are determined and about the Fund generally.

(2)
However, the following kinds of provider are exempt from the requirement to pay annual Fund contributions:

(a)
a provider that is administered by a State education authority;

(b)
any other provider that is entitled to receive funds under a law of the Commonwealth for recurrent expenditure for the provision of education or training, other than one excluded by the regulations from the scope of this paragraph;

(c)
any other provider specified in the regulations.

To avoid doubt, any private corporate body established in connection with a provider covered by paragraph (a) or (b) is not itself, by virtue of that connection alone, a provider covered by that paragraph.

(3)
A registered provider who is required to pay an amount of annual Fund contribution for a calendar year must pay it to the Fund Manager by the day stated in the notice that the Fund Manager gives the provider under Part 5.

Note: The Minister may take action under Division 1 of Part 6 against a registered provider that has breached this section.


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