Document ID: chunk:federal_register_of_legislation:F2024L01735:clause:1_12
Version: federal_register_of_legislation:F2024L01735
Segment Type: clause
Provision Reference: sch 1 cl 12
Character Range: 16332–18555

12  Recalculation of risk factors when registrations amalgamated and national registration on CRICOS is finalised during 2024
 (1) This section applies if a provider amalgamates 2 or more registrations on CRICOS into a single registration through the national registration process in 2024.
Note: For the process to request amalgamation, see item 96 of Schedule 2 to the Education Services for Overseas Students Legislation Amendment (Tuition Protection Service and Other Measures) Act 2012.
 (2) If this section applies to a provider, the provider's risk factors in sections 7 to 11 are to be recalculated as follows:
 (a) the length of operation risk factor is to be calculated in respect of the resultant amalgamated registration for the period:
 (i) beginning at the start of the longest‑running registration in the amalgamation; and
 (ii) ending on 31 December 2024;
 (b) the volatility in overseas student enrolments risk factor is to be calculated using subsections 9(5) to 9(6), but treating the number of overseas student enrolments for a year as the sum of student enrolments for all registrations in that year that were amalgamated into the single registration;
 (c) the maximum overseas source country concentration risk factor is to be calculated using subsection 10(4), as follows:
 (i) the number of enrolments for each overseas source country is to be calculated as the sum of the enrolments for that overseas source country with each of the registrations that were amalgamated into the single registration;
 (ii) the total number of enrolments is to be calculated as the sum of the total number of enrolments for all registrations that were amalgamated into the single registration;
 (d) the non-compliance and registration renewal risk factor is to be calculated for the resultant amalgamated registration in respect of the weighted late payment measure and actions under section 83 of the ESOS Act for the provider, in 2024;
 (e) the overseas students tuition fee income for 2024 is to be calculated as the sum of the overseas students tuition fee income for the courses in relation to all registrations that were amalgamated into the single registration.

Part 3—Special tuition protection component