Higher Education Support Act 2003

Chapter 5 - Administration  

PART 5-1B - HIGHER EDUCATION TUITION PROTECTION FUND, HIGHER EDUCATION TUITION PROTECTION DIRECTOR AND HIGHER EDUCATION TUITION PROTECTION FUND ADVISORY BOARD  

Division 1 - Higher Education Tuition Protection Fund  

SECTION 167-5  

167-5   Credits to the Higher Education Tuition Protection Fund  


There must be credited to the *Higher Education Tuition Protection Fund amounts equal to the following:

(a)    each amount of *HELP tuition protection levy received from a higher education provider;

(aa)    

each amount of *up-front payments tuition protection levy received from a *registered higher education provider;

(b)    

each amount paid by a higher education provider to the Commonwealth under subsection 36-24A(2) , or subsection 110-5(1) because of re-crediting under section 104-42 , if the balance of the Fund had previously been reduced under paragraph 167-10(1)(g) in relation to that amount;

(ba)    

each amount paid by a *registered higher education provider to the *Higher Education Tuition Protection Director under subsection 62L(2) of the *TEQSA Act;

(c)    

any other money appropriated by the Parliament for the purposes of the Higher Education Tuition Protection Fund;

(d)    any penalties for late payment of HELP tuition protection levy;

(da)    

any penalties for late payment of up-front payments tuition protection levy;

(e)    

each amount received by the Commonwealth for the purposes of the Higher Education Tuition Protection Fund.
Note 1:

An Appropriation Act may contain a provision to the effect that, if any of the purposes of a special account is a purpose that is covered by an item in the Appropriation Act (whether or not the item expressly refers to the special account), then amounts may be debited against the appropriation for that item and credited to that special account.

Note 2:

HELP tuition protection levy is imposed by the Higher Education Support (HELP Tuition Protection Levy) Act 2019 . The Higher Education Provider Guidelines deal with collection of the levy: see section 19-66A .

Note 3:

Up-front payments tuition protection levy is imposed by the Higher Education (Up-front Payments Tuition Protection Levy) Act 2020 . The Up-front Payments Guidelines deal with collection of the levy: see subsection 26A(5) of the TEQSA Act.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.