159ZF Commission may suspend, revoke, or withdraw funding given under section 159ZC

(1)

The Commission may suspend or revoke payment, or any or all further payments, of any funding given to an organisation under section 159ZC if the Commission is satisfied on reasonable grounds that the organisation—

(a)

has not complied, or is not complying, with a condition on which the funding was given; or

(b)

is not providing, or has not provided, adequate and timely information required by the Commission or Ministry under section 159ZD.

(2)

Before deciding whether to suspend or revoke payment under subsection (1), the Commission must—

(a)

notify the organisation of the specific matters of concern; and

(b)

give the organisation a reasonable opportunity to be heard.

(3)

The Commission must give its reasons to an organisation if it decides to suspend or revoke the organisation’s funding.

(4)

The Commission must specify the following matters if it decides to suspend funding under subsection (1):

(a)

the date on which the suspension will end and, as a consequence, the funding will be revoked; and

(b)

what action the organisation must take in order to have the suspension lifted and avoid funding being revoked.

(5)

The Commission may, at the written request of an organisation, withdraw some or all payment, or any or all further payments, of any funding given to the organisation under section 159ZC.

(6)

If the Commission withdraws funding under subsection (5), it must advise the organisation of the date on which the funding will be withdrawn.

Section 159ZF: replaced, on 1 January 2008, by section 21 of the Education (Tertiary Reforms) Amendment Act 2007 (2007 No 106).

Section 159ZF heading: amended, on 30 March 2018, by section 21(1) of the Education (Tertiary Education and Other Matters) Amendment Act 2018 (2018 No 6).

Section 159ZF(5): inserted, on 30 March 2018, by section 21(2) of the Education (Tertiary Education and Other Matters) Amendment Act 2018 (2018 No 6).

Section 159ZF(6): inserted, on 30 March 2018, by section 21(2) of the Education (Tertiary Education and Other Matters) Amendment Act 2018 (2018 No 6).