49AVSL tuition protection levy

49A VSL tuition protection levy

(1) An approved course provider to whom Part 5A applies must pay the following when it is due and payable by the provider: (a) VSL tuition protection levy; (b) any penalty for late payment of VSL tuition protection levy.

Note 1: VSL tuition protection levy is imposed by the VET Student Loans (VSL Tuition Protection Levy) Act 2019. Amounts of levy for a year are either determined before, or indexed on, 1 August in the year: see sections 9 and 10 of that Act.

Note 2: See section 66A for the providers to whom Part 5A applies.

(2) The rules may make provision for, or in relation to, all or any of the following matters: (a) the issue of notices setting out the amount of VSL tuition protection levy payable by a provider; (b) when VSL tuition protection levy is due and payable; (c) the issue of notices extending the time for payment of VSL tuition protection levy; (d) penalties for late payment of VSL tuition protection levy; (e) to whom VSL tuition protection levy and any penalties for late payment are payable; (f) the refund, remission or waiver of VSL tuition protection levy or penalties for late payment; (g) the notional liability of the Commonwealth to pay VSL tuition protection levy; (h) the review of decisions made under the rules in relation to the collection or recovery of VSL tuition protection levy; (i) any other matters relating to the collection or recovery of VSL tuition protection levy.