Education Services for Overseas Students Legislation Amendment (Tuition Protection Service and Other Measures) Act 2012
47CRegistered provider to notify of student default
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47C Registered provider to notify of student default
(1) A registered provider must give a notice in accordance with this section if an overseas student or intending overseas student defaults in relation to a course provided by the provider at a location.
Note: The Minister may take action under Division 1 of Part 6 against a registered provider that has breached this section.
(2) The provider must notify, in writing, the Secretary and the TPS Director of the default within 5 business days of the default occurring.
Note: For the definition of business day, see section 2B of the Acts Interpretation Act 1901.
(3) A notice given under this section must comply with any requirements of a legislative instrument made under subsection (4). (4) The Minister may, by legislative instrument, specify requirements for a notice given under this section. Former registered providers (5) This section continues to apply to a provider if the provider ceases to be a registered provider.