law://au/li/2026/f2026l00892@2026-11-14| Commencement information | ||
|---|---|---|
| Column 1 | Column 2 | Column 3 |
| Provisions | Commencement | Date/Details |
| 1. Parts 1 to 3 | 31 July 2026 | |
| 2. Schedule 1 | 1 August 2026 |
| Financial Strength | ||
|---|---|---|
| Column 1 | Column 2 | Column 3 |
| Item | If the financial strength score of the provider, as determined under subsections (2) and (3) is… | then, the risk factor value is… |
| 1 | 8 or 9 | 0.0 |
| 2 | 6 or 7.5 | 1.0 |
| 3 | 3 or 4.5 | 2.0 |
| Ratio | Formula | Low | Medium | High |
| Return on assets | less than or equal to 0.0 | greater than 0.0 but less than or equal to 0.1 | greater than 0.1 | |
| Debt to equity | greater than or equal to 2.5;orif the total equity is less than or equal to 0.0 | less than 2.5 but greater than or equal to 1.5 | less than 1.5 but greater than or equal to 0.0 | |
| Score | 1.5 | 3.0 | 4.5 |
| Completion Rate | ||
|---|---|---|
| Column 1 | Column 2 | Column 3 |
| Item | If a leviable provider’s completion rate percentage, as determined under subsection (2) is… | then, the risk factor value is… |
| 1 | 85% or more | 0.0 |
| 2 | 60% or more but less than 85% | 1.0 |
| 3 | 35% or more but less than 60% | 2.5 |
| 4 | 0% or more but less than 35% | 3.5 |
| Non-compliance history and registration renewal | ||
|---|---|---|
| Column 1 | Column 2 | Column 3 |
| Item | If a leviable provider… | then, the risk factor value is… |
| 1 | has a weighted late payment measure of 30 days or more, as worked out under subsection (3) | 2.0 |
| 2 | has a weighted late payment measure of 15 days or more but less than 30 days, as worked out under subsection (3) | 0.9 |
| 3 | has a weighted late payment measure of 1 day or more but less than 15 days, as worked out under subsection (3). | 0.7 |
| 4 | has a weighted late payment measure of less than 1 day, as worked out in accordance with subsection (3). | 0.0 |
| 5 | applied under section 35 of the Tertiary Education Quality and Standards Agency Act 2011 to renew the provider’s registration and, due to risk management reasons, the most recent period of registration granted under section 37 of that Act is less than the maximum period specified in subsection 36(4) of that Act. | 1.0 |
| 6 | applied under section 35 of the Tertiary Education Quality and Standards Agency Act 2011 to renew the provider’s registration and the period for which the registration was renewed as set out in the notice given in 2025 under section 37 of that Act is the maximum period specified in subsection 36(4) of that Act. | 0.0 |
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.