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1994 No. 146 EDUCATION SERVICES FOR OVERSEAS STUDENTS (REGISTRATION OF PROVIDERS AND FINANCIAL REGULATION) REGULATIONS (AMENDMENT) - REG 3
3. Regulation 5 (Withdrawals and payments out of notified trust accounts-other fees and charges)
3.1 Before subregulation (1), insert: "No withdrawal or payment before grant
of visa or entry permit
(1A) A provider must not withdraw or pay course money to which this regulation
applies out of a notified trust account before the student by, or on behalf
of, whom the money was paid into the account is granted a visa or entry permit
under the Migration Act 1958 that permits the student to travel to, or remain
in, Australia to undertake the course.".
3.2 Subregulation 5 (3): Omit "on or after the day on which the payment is
due.", substitute "not more than 28 days before the day on which the payment
is due.".
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