Document ID: chunk:federal_register_of_legislation:C2025C00168:section:66h
Version: federal_register_of_legislation:C2025C00168
Segment Type: section
Provision Reference: s 66H
Character Range: 109175–110387

66H  Obligations where there is no replacement course
 (1) This section applies if:
 (a) an approved course provider defaults in relation to a student; and
 (b) the VSL Tuition Protection Director decides, under paragraph 66E(1)(b), that the Director is not satisfied that there is a suitable replacement course for the student.
 (2) The VSL Tuition Protection Director must give a written notice to the Secretary of that fact.
 (3) The VSL Tuition Protection Director must give a written notice to the provider:
 (a) stating that an amount equal to the loan amount that has been used to pay tuition fees for the student for the affected part:
 (i) will be re‑credited to the student's HELP balance; and
 (ii) will be required to be paid by the provider to the Commonwealth; and
 (b) inviting the provider to make written submissions to the Director about the amount of the re‑credit within 28 days.
Note: The amount is re‑credited by the Secretary under section 72A. The Secretary must consider submissions before re‑crediting a student's HELP balance.

Part 5B—VSL Tuition Protection Fund, VSL Tuition Protection Director and VSL Tuition Protection Fund Advisory Board

Division 1—VSL Tuition Protection Fund