Document ID: chunk:federal_register_of_legislation:C2010A00010:clause:2_80a
Version: federal_register_of_legislation:C2010A00010
Segment Type: clause
Provision Reference: sch 2 cl 80A
Character Range: 21072–22792

80A  Reports on provider defaults
 (1) If one or more calls are made on the Fund as a result of a set of circumstances (a provider default) that result in a registered provider becoming required to refund one or more amounts under Division 2 of Part 3 because of subsection 27(1), the Fund Manager must give to the Minister a report that sets out the following:
 (a) the day on which the provider default occurred;
 (b) the nature of the provider default;
 (c) the number of students affected by the provider default;
 (d) the total amount of the payments that, at the time of giving the report to the Minister, have been made out of the Fund relating to the provider default;
 (e) an estimate of the total amount of claims against the Fund, by students affected by the provider default, that are outstanding  at the time of giving the report to the Minister;
 (f) whether one or more suitable alternative course were available to students affected by the provider default;
 (g) information relating to the steps that the Fund Manager took to arrange suitable alternative courses for students affected by the provider default;
 (h) the total number of students affected by the provider default who, at the time of giving the report to the Minister, have been placed in suitable alternative courses; and
 (i) such other matters relating to the provider default that the Fund Manager considers it appropriate to include.
 (2) The report must be given to the Minister within 60 days after the day on which the provider default occurred.
 (3) The Minister must cause a copy of a report given to the Minister under this section to be tabled in each House of the Parliament as soon as practicable after receiving the report.