VET Student Loans (Charges) Act 2016 (Cth)

VET Student Loans (Charges) Act 2016

No. 99, 2016

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

Contents

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:

1Short title

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

2Commencement

1. (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.

Commencement information
Column 1	Column 2	Column 3
Provisions	Commencement	Date/Details
1. The whole of this Act	1 January 2017.	1 January 2017

Note: This table relates only to the provisions of this Act as originally enacted.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.

3Definitions

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.

4Crown to be bound

This Act binds the Crown in each of its capacities.

5Act 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.

6Imposition of charge

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

7Amount of charge

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

1. (a)

   prescribed by the regulations; or

2. (b)

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

8Exemptions from charge

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

9Regulations

The Governor‑General may make regulations prescribing matters:

1. (a)

   required or permitted by this Act to be prescribed; or

2. (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]

(155/16)