VET Student Loans (VSL Tuition Protection Levy) (Administrative Fee) Determination 2020

I, Michaelia Cash, Minister for Employment, Skills, Small and Family Business, make this determination.

Dated 27 July 2020   

Michaelia Cash

Minister for Employment, Skills, Small and Family Business

1  Name

  This instrument is the VET Student Loans (VSL Tuition Protection Levy) (Administrative Fee) Determination 2020.

2  Commencement

 (1) Each provision of this instrument 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Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

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

3  Authority

  This instrument is made under section 9 of the VET Student Loans (VSL Tuition Protection Levy) Act 2020.

4  Definitions

  In this instrument:

Act means the VET Student Loans (VSL Tuition Protection Levy) Act 2020.

5 Determination of administrative fee component

 (1) For the purposes of section 8 of the Act, the following amounts are determined for the calendar year beginning on 1 January 2020:

 (a) the amount for the purposes of paragraph 8(2)(a) is $107; and

 (b) the amount for the purposes of paragraph 8(2)(b) is $9.

Note: Amounts specified for the purposes of paragraphs 8(2)(a) or (b) of the Act are subject to indexation in accordance with subsection 10(1) of the Act unless an instrument is made under section 9 of the Act for a subsequent year.