Document ID: chunk:federal_register_of_legislation:F2024L00917:clause:1_4
Version: federal_register_of_legislation:F2024L00917
Segment Type: clause
Provision Reference: sch 1 cl 4
Character Range: 1926–3533

4  Definitions
Note: A number of expressions used in this instrument are defined in section 5 of the Act, including the following:
(a) leviable provider;
(b) risk rated premium component;
(c) special tuition protection component;
(d)  year.
 (1) In this instrument:
Act means the VET Student Loans (VSL Tuition Protection Levy) Act 2020.
approved course provider charge has the same meaning as in the VET Student Loans (Charges) Act 2016.

financial statements means the general purpose financial statements given by a leviable provider to the Secretary in accordance with section 52 of the VET Student Loans Act 2016 and section 113 of the VET Student Loan Rules 2016 for the financial year ending on a date in 2023.
risk management purposes means purposes relating to a leviable provider's ability to comply with, or continue to comply with, the requirements of their registration, where the regulator takes a risk management approach and determines a shorter renewal period is warranted.

Note:   A leviable provider's registration may be renewed for a period less than the maximum period allowed for reasons that are not due to risk management. For example, where an entity changes its name and so must be re-registered and the existing registration end date is retained.

statements of general information means information or documents given by a leviable provider to the Secretary in accordance with a notice given under section 53 of the VET Student Loans Act 2016.
 (2) An expression used in this instrument that is also used in the VET Student Loans Act 2016 has the same meaning as in that Act.