Document ID: chunk:federal_register_of_legislation:C2022C00010:section:5
Version: federal_register_of_legislation:C2022C00010
Segment Type: section
Provision Reference: s 5
Character Range: 7174–8470

5  TPS levy

Registered providers
 (1) A provider who is registered on 1 January of a year is liable to pay a TPS levy for the year.
Note: This section extends to a registered provider whose registration has been suspended.
 (2) The amount of the TPS levy for a registered provider for a year is the sum of the following components:
 (a) the provider's administrative fee component for the year (see section 6);
 (b) the provider's base fee component for the year (see section 7);
 (c) the provider's risk rated premium component for the year (see section 9);
 (d) the provider's special tuition protection component for the year (see section 10).
Note: Classes of providers may be exempt from the requirement to pay either or both the base fee component or the risk rated premium component: see section 12.

Unregistered providers
 (3) A provider who is not yet registered, but who is seeking to be registered under the Education Services for Overseas Students Act 2000 in a year, is liable to pay a TPS levy for the year.
 (4) The amount of the TPS levy for such an unregistered provider for that year is the sum of the following components:
 (a) the amount under paragraph 6(a) for the year;
 (b) the amount under paragraph 7(a) for the year.
Note: Those amounts are indexed under section 8.