Contents
- Division 1 Guide to this Part
- Division 2 Overseas Students Tuition Fund and TPS levies
- Division 3 TPS Director
- 54A Appointment of TPS Director
- 54B Functions of the TPS Director
- 54C Remuneration and allowances
- 54D Leave of absence
- 54E Restrictions on outside employment
- 54F Disclosure of interests
- 54G Resignation
- 54H Termination of appointment
- 54J Other terms and conditions
- 54K Acting TPS Director
- 54L Consultants
- 54M Indemnity
- 54N Application of finance law
- Division 4 TPS Advisory Board
Division 1 · Guide to this Part
51Guide to this Part#
• This Part establishes the Overseas Students Tuition Fund, the TPS Director and the TPS Advisory Board.
• Division 2:
(a) establishes the Overseas Students Tuition Fund (the OSTF); and
(b) sets out the money that goes into, and can be paid out of, the OSTF; and
(c) has rules relating to TPS levies.
The OSTF provides the money for refunds under Part 5 for defaults where registered providers fail to discharge their obligations to overseas students. The money in the OSTF is mostly made up of the TPS levies collected from registered providers each year.
• Division 3 of this Part establishes the office of the TPS Director, and his or her terms and conditions. The TPS Director is responsible for:
(a) assisting students to find suitable alternative courses, and providing refunds, in the case of defaults; and
(b) working out the amount of the TPS levy each year; and
(c) managing the OSTF.
Sourced from the Federal Register of Legislation at legislation.gov.au, © Commonwealth of Australia, licensed under CC BY 4.0. Compilations may have been reformatted.