195B Institutions to provide information if required

(1)

The chief executive of the Commission may, if he or she has reasonable grounds to believe that an institution may be at risk, by written notice to the council of an institution, require the council to provide either or both of the following:

(a)

specified information about the operation, management, or financial position of the institution at a given time:

(b)

reports at specified intervals on specific aspects of the operation, management, or financial position of the institution.

(2)

If the chief executive of the Commission requires information under subsection (1), the information required must be information that relates to the risks to the institution that the chief executive of the Commission is concerned about.

(3)

A council that receives a notice under subsection (1) must provide the chief executive of the Commission with the required information within or at the time or times specified in the notice.

(4)

The chief executive of the Commission may revoke or amend any notice given under subsection (1).

(5)

In this section, Commission means the Tertiary Education Commission established under section 159C.

Section 195B: inserted, on 25 October 2001, by section 47 of the Education Standards Act 2001 (2001 No 88).

Section 195B(1): amended, on 1 January 2008, by section 25(1) of the Education (Tertiary Reforms) Amendment Act 2007 (2007 No 106).

Section 195B(2): amended, on 1 January 2008, by section 25(2) of the Education (Tertiary Reforms) Amendment Act 2007 (2007 No 106).

Section 195B(3): amended, on 1 January 2008, by section 25(3) of the Education (Tertiary Reforms) Amendment Act 2007 (2007 No 106).

Section 195B(4): amended, on 1 January 2008, by section 25(4) of the Education (Tertiary Reforms) Amendment Act 2007 (2007 No 106).

Section 195B(5): replaced, on 1 January 2008, by section 25(5) of the Education (Tertiary Reforms) Amendment Act 2007 (2007 No 106).