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Bill

Tertiary Education Quality and Standards Agency Amendment (Cost Recovery) Bill 2021

passed, as at 2021-08-13. Education, Skills and Employment portfolio.

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Not recorded
Portfolio
Education, Skills and Employment

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Plain-language summary

Written by a model from the explanatory memorandum; not the record, as at 2021-05-13.

This bill updates the law to introduce a new charge on registered higher education providers, replacing some fees with a broader cost recovery model.

The charge would be set by regulations, with the agency consulting stakeholders on a draft implementation statement before the rules are made.

The charge starts at 20% of costs on 1 January 2022, rises to 50% in 2023, and reaches full cost recovery by 1 January 2024.

Registered higher education providers and the Tertiary Education Quality and Standards Agency.

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