Document ID: chunk:federal_register_of_legislation:F2016L01983:reg:5
Version: federal_register_of_legislation:F2016L01983
Segment Type: reg
Provision Reference: reg 5
Character Range: 1794–3119

5  Suitability requirements
 (1) For item 3 of Schedule 2 to the Act, this section sets out the requirements for the purposes of ensuring that course providers to whom loan amounts are paid during the provider transition period are suitable.
 (2) The requirements are that:
 (a) the body has sufficient experience in providing courses that will be approved courses on 1 January 2017; and
 (b) the body has an adequate student pass rate for VET units of study that form part of those courses; and
 (c) the body has adequate links with industry in relation to those courses; and
 (d) the body has satisfactory management and governance.
 (3) For paragraph (2)(a), the Secretary may be satisfied that the body has sufficient experience in providing courses that will be approved courses if it provided and delivered each such course for which it is approved, or the course superseded by it, to at least one VET FEE-HELP student in 2016.
 (4) For paragraph (2)(b), the Secretary may be satisfied that the body has an adequate student pass rate for VET units of study if at least half of the VET FEE‑HELP students who completed each unit with a census date in 2015 passed the unit.
 (5) For paragraph (2)(d), the Secretary may have regard to the body's history of compliance with the laws mentioned in paragraphs 6(6)(a) to (d).