Commonwealth Consolidated Acts

NATIONAL VOCATIONAL EDUCATION AND TRAINING REGULATOR ACT 2011 - SECT 158

  (1)   The National VET Regulator must, by legislative instrument, make requirements relating to the financial viability of NVR registered training organisations.

  (2)   For the purposes of this Act, Financial Viability Risk Assessment Requirements means requirements under subsection   (1).

  (3)   Despite subsection   14(2) of the Legislation Act 2003 , the Financial Viability Risk Assessment Requirements may make provision in relation to a matter by applying, adopting or incorporating any matter contained in another instrument or other writing as in force or existing from time to time.

  (4)   Despite anything in section   44 of the Legislation Act 2003 , section   42 (disallowance) of that Act applies to Financial Viability Risk Assessment Requirements.

  (5)   Despite anything in section   54 of the Legislation Act 2003 , Part   4 of Chapter   3 (sunsetting) of that Act applies to Financial Viability Risk Assessment Requirements.