Education Amendment Act 2015

20 Section 234E amended (Student fees must be deposited with independent trustee)

After section 234E(4), insert:

(5)

The requirements specified in subsection (1) do not apply—

(a)

in respect of any programme or training scheme that is exempt from those requirements by rules made under section 253(1)(pb); or

(b)

in the case of a student or group of students for whom the private training establishment has deposited, with an independent trustee approved by the Authority, an amount of money that is sufficient to make the necessary refunds to that student or those students under section 235 or 235A.