Commonwealth legislation

VET Provider Credits Determination No. 2 of 2016

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legislative instrument

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This instrument, made by a delegate under subclause 45D(6) of Schedule 1A to the Higher Education Support Act 2003, records that $481,950 is to be credited to the VET FEE-HELP account of Proteus Technologies Pty Ltd, effective 31 March 2016, on the basis that Phoenix Institute of Australia ceased to be a VET provider on that date. It effects a concentrated financial benefit to Proteus but does not identify the funding source or how the credited amount will be used.

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VET Provider Credits Determination No. 2 of 2016

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VET Provider Credits Determination No. 2 of 2016

NOTICE OF DETERMINATION

COMMONWEALTH OF AUSTRALIA

Determination made under subclause 45D(6) of Schedule 1A to the Higher Education Support Act 2003

As a result of Phoenix Institute of Australia Pty Ltd (ABN: 37 084 806 575) ceasing to be a VET provider, I, Shelley Owen, a delegate of the Minister, acting under subclause 45D(6) of Schedule 1A to the Higher Education Support Act 2003 (HESA), hereby determine that:

(a) credits arise in the VET FEE-HELP account, established by subclause 45D(1) of Schedule 1A to HESA, of Proteus Technologies Pty Ltd (ABN: 95 112 989 581); and

(b) the amount of such credits shall be $481,950.

In accordance with subparagraph 45D(2)(e)(i) of Schedule 1A to HESA, these credits arise in the VET FEE-HELP account of Proteus Technologies Pty Ltd on 31 March 2016, which is when Phoenix Institute of Australia Pty Ltd ceased to be a VET provider.

Dated this 29th day of April 2016

Shelley Owen

A/g Branch Manager

Delegate of the Minister

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 VET Provider Credits Determination No. 2 of 2016

VET Provider Credits Determination No. 2 of 2016

NOTICE OF DETERMINATION

COMMONWEALTH OF AUSTRALIA

Determination made under subclause 45D(6) of Schedule 1A to the Higher Education Support Act 2003

(a) credits arise in the VET FEE-HELP account, established by subclause 45D(1) of Schedule 1A to HESA, of Proteus Technologies Pty Ltd (ABN: 95 112 989 581); and

(b) the amount of such credits shall be $481,950.

Dated this 29th day of April 2016

Shelley Owen

A/g Branch Manager

Delegate of the Minister