Commonwealth Numbered Acts Commonwealth Numbered Acts(1) A person who possesses or controls VET student records relating to a training organisation or former registered training organisation must provide a copy of those records to the National VET Regulator if:
(a) the person is, or was, an executive officer or high managerial agent of the organisation; and
(b) either:
(i) the organisation's registration has been cancelled and arrangements have not been made for the transfer of some or all of the records under section 213; or
(ii) the organisation has effectively ceased to operate (even though the organisation remains an NVR registered training organisation).
(2) A person must provide a copy of VET student records to the National VET Regulator within:
(a) if an organisation's registration has been cancelled--30 days of the day from which cancellation takes effect; and
(b) if an organisation has effectively ceased to operate--30 days of the day from which operations effectively ceased.
(3) A person commits an offence if the person fails to comply with subsection (2).
Penalty: 150 penalty units.
(4) A person contravenes this subsection if the person fails to comply with subsection (2).
Civil penalty: 300 penalty units.