- (1)
- This regulation applies to a tuition assurance scheme established in
accordance with these Regulations.
(2) Within 28 days after the end of a
reporting period, the operator of a tuition assurance scheme must give to the
Secretary and the Fund Manager the following information for the period about
each provider who was a member of the scheme during the period:
- (a)
- the name
of the member and the address of the member's place of business;
- (b)
- the name of each course, provided by the member, that was covered by the
scheme;
- (c)
- the number of students who paid to the member course money for a course
before the agreed starting day of the course;
(d) the number of overseas students for whom a suitable alternative course:
- (i)
- was required to be provided under the scheme; and
- (ii)
- was provided under the scheme.
(3) In subregulation (2):
"reporting period" means any of the following:
- (a)
- the 2000-01 financial
year;
- (b)
- the period starting on 1 July 2001 and ending on 31 December 2001;
- (c)
- the 2002 calendar year;
- (d)
- a subsequent calendar year.
- (4)
- The Secretary may, at any time by notice in writing, ask the operator of a
tuition assurance scheme to provide any further information relevant to
assessing whether the scheme continues to comply with paragraphs
3.07 (2) (a), (b) and (c).
- (5)
- The operator must provide the further information within a reasonable
period specified in the notice.
- (6)
- The operator of the scheme must give the Secretary written notice of any
change in the information provided for a scheme under subregulation (2) or (4)
or regulation 3.06 within 14 days after the change.
(7) An operator of a
tuition assurance scheme who rejects an application by a provider to become a
member of the scheme, or cancels a provider's membership of the scheme, must,
within 14 days after the rejection or cancellation, tell the Secretary and the
Fund Manager:
- (a)
- the provider's name and the address of the provider's
place of business; and
- (b)
- the reasons for rejecting the application or cancelling the membership.