VET Student Loans (VSL Tuition Protection Levy) Act 2020 (Cth)

VET Student Loans (VSL Tuition Protection Levy) Act 2020

No. 5, 2020

An Act to impose VSL tuition protection levy, and for related purposes

Contents Part 1—Preliminary 1 Short title 2 Commencement 3 Crown to be bound 4 Act does not impose tax on property of a State 5 Definitions Part 2—VSL tuition protection levy 6 Imposition of VSL tuition protection levy 7 Amount of VSL tuition protection levy 8 Administrative fee component 9 Legislative instrument for purposes of section 8 10 Indexation of administrative fee components etc. 11 Risk rated premium component 12 Special tuition protection component 13 Legislative instrument for purposes of section 11 or 12 Part 3—Other matters 14 Exemptions 15 Regulations

VET Student Loans (VSL Tuition Protection Levy) Act 2020 No. 5, 2020

An Act to impose VSL tuition protection levy, and for related purposes

[Assented to 17 February 2020]

The Parliament of Australia enacts:

Part 1—Preliminary

1 Short title This Act is the VET Student Loans (VSL Tuition Protection Levy) Act 2020.

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.

Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. The whole of this Act At the same time as Schedule 1 to the Education Legislation Amendment (Tuition Protection and Other Measures) Act 2019 commences. 1 January 2020

Note: This table relates only to the provisions of this Act as originally enacted.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