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National Vocational Education and Training Regulator (Financial Viability Risk Assessment Requirements) Instrument 2021
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Turn the raw legal text into a practical explanation grounded in National Vocational Education and Training Regulator (Financial Viability Risk Assessment Requirements) Instrument 2021.
(1) Where the National VET Regulator considers the financial viability risk of an organisation is low, it may waive the requirement for a financial viability risk assessment. (2) The waiving of the requirement does not remove the obligation in section 8 to submit to a future assessment if required by the National VET Regulator.
Part 4 Form and content of financial viability risk assessment