Commonwealth Numbered Acts

TRAINING GUARANTEE (ADMINISTRATION) ACT 1990 No. 60 of 1990 - SECT 42

42. A training guarantee statement under section 40 or 41 must:

   (a)  be in a form approved by the Commissioner for the purposes of the
        section concerned, being a form that deals with such matters as are
        prescribed in relation to the section for the purposes of this
        paragraph; and

   (b)  be lodged in accordance with the regulations; and

   (c)  be signed by or on behalf of the person giving the statement; and

   (d)  specify:

        (i)    the employer's annual national payroll in the year concerned;
               and

        (ii)   the employer's minimum training requirement in the year; and

        (iii)  the employer's net eligible training expenditure in the year;
               and

        (iv)   the employer's training guarantee shortfall in the year; and

        (v)    the training guarantee charge payable on the shortfall; and

   (e)  contain such other information as is required to complete the form.