12Recalculation of risk factors when registrations amalgamated and national registration on CRICOS is finalised during 2020

12 Recalculation of risk factors when registrations amalgamated and national registration on CRICOS is finalised during 2020

(1) This section applies if a provider amalgamates 2 or more registrations on CRICOS into a single registration through the national registration process in 2020.

Note: For the process to request amalgamation, see item 96 of Schedule 2 to the Education Services for Overseas Students Legislation Amendment (Tuition Protection Service and Other Measures) Act 2012.

(2) If this section applies to a provider, the provider’s risk factors in sections 7 to 11 are to be recalculated as applicable: (a) the risk factor length of operation is to be calculated in respect of the resultant amalgamated registration for the period: (i) beginning at the start of the longest‑running registration in the amalgamation; and (ii) ending on 31 December 2020; (b) the risk factor volatility in overseas student enrolments is to be calculated using subsections 9(4) to 9(5), but treating the number of overseas student enrolments for a year as the sum of student enrolments for all registrations in that year that were amalgamated into the single registration; (c) the risk factor maximum overseas students source country concentration is to be calculated using subsection 10(3), as follows: (i) the number of enrolments for each overseas source country is to be calculated as the sum of the enrolments for that overseas source country with each of the registrations that were amalgamated into the single registration; (ii) the total number of enrolments is to be calculated as the sum of the total number of enrolments for all registrations that were amalgamated into the single registration; (d) the risk factor non-compliance and registration renewal is to be calculated for the resultant amalgamated registration in respect to the weighted late payment measure and actions under section 83 of the ESOS Act for the provider, in the 2020 year; (e) the overseas students’ tuition fee income for 2020 is to be calculated as the sum of the overseas students’ tuition fee income for the courses in relation to all registrations that were amalgamated into the single registration.