Document ID: chunk:federal_register_of_legislation:C2020A00101:clause:2_25
Version: federal_register_of_legislation:C2020A00101
Segment Type: clause
Provision Reference: sch 2 cl 25
Character Range: 66573–67867

25  Subsection 167‑10(1)
Repeal the subsection, substitute:
 (1) The purposes of the *Higher Education Tuition Protection Fund are as follows:
 (a) making payments in connection with tuition protection under this Act and the *Higher Education Provider Guidelines;
 (b) making payments in connection with tuition protection under the *TEQSA Act and the *Up‑front Payments Guidelines;
 (c) paying or discharging the costs, expenses and other obligations incurred by the Commonwealth in the performance of the *Higher Education Tuition Protection Director's functions, including in managing the Fund;
 (d) paying any remuneration and allowances payable to the Higher Education Tuition Protection Director;
 (e) paying any remuneration and allowances payable to the members of the *Higher Education Tuition Protection Fund Advisory Board;
 (f) paying any amount that is required or permitted to be repaid;
 (g) reducing the balance of the Fund (and therefore the available appropriation for the Fund) without making a real or notional payment.
Note 1: See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).
Note 2: Part 5A of the TEQSA Act deals with tuition protection for students that make an up‑front payment for a unit of study.