VET Student Loans (Charges) Act 2016

No. 99, 2016

An Act to impose approved course provider charge, and for related purposes

Contents

1 Short title

2 Commencement

3 Definitions

4 Crown to be bound

5 Act does not impose tax on property of a State

6 Imposition of charge

7 Amount of charge

8 Exemptions from charge

9 Regulations

VET Student Loans (Charges) Act 2016

No. 99, 2016

An Act to impose approved course provider charge, and for related purposes

[Assented to 7 December 2016]

The Parliament of Australia enacts:

1  Short title

  This Act is the VET Student Loans (Charges) Act 2016.

2  Commencement

 (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Note: This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

 (2) Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3  Definitions

  In this Act:

amount includes a nil amount.

approved course provider has the same meaning as in the VET Student Loans Act 2016.

approved course provider charge means the charge imposed by section 6.

property of any kind belonging to a State has the same meaning as in section 114 of the Constitution.

4  Crown to be bound

  This Act binds the Crown in each of its capacities.

5  Act does not impose tax on property of a State

  This Act does not impose a tax on property of any kind belonging to a State.

6  Imposition of charge

  Approved course provider charge is imposed on approved course providers as a tax.

7  Amount of charge

  The amount of approved course provider charge payable by an approved course provider is the amount:

 (a) prescribed by the regulations; or

 (b) worked out in accordance with a method prescribed by the regulations.

8  Exemptions from charge

  The regulations may provide for exemptions from approved course provider charge.

9  Regulations

  The Governor‑General may make regulations prescribing matters:

 (a) required or permitted by this Act to be prescribed; or

 (b) necessary or convenient to be prescribed for carrying out or giving effect to this Act.

[Minister’s second reading speech made in—

House of Representatives on 13 October 2016

Senate on 7 November 2016]