-
Tertiary education organisations (TEOs) must: not seek or obtain funding from any other Crown source to fund the same part of the TEO's activities funded by the Tertiary Education Commission (TEC), unless authorised by the TEC notify the TEC immediately the TEO becomes aware of any circumstances that might result in a breach of this condition.
-
Type:
-
Rule or condition
-
Where funding is owed by a tertiary education organisation (TEO) to the Tertiary Education Commission (TEC), it will be recovered by one or more of the following methods: A reduction in the next payment due If the next payment due is not large enough, then the TEC will also issue a 'letter of demand' for the remaining funding to be repaid Set-off against any funding or money payable to the TEO …
-
Type:
-
Rule or condition
-
Every tertiary education organisation (TEO) to which funding is payable by the Tertiary Education Commission (TEC) must, if required on reasonable grounds, satisfy the TEC that the TEO's financial viability or other circumstances: will not put funding paid to the TEO at risk are not such that payments to the TEO may be unjustified will not put the delivery of funded courses and qualifications t…
-
Type:
-
Rule or condition
-
Tertiary education institutions (TEIs) must comply with the accountability and reporting requirements as detailed below. This does not limit any accountability and reporting requirements a TEI may have under its Investment Plan agreed with the Tertiary Education Commission (TEC). The TEI must: Supply Statements of Service Performance and financial viability reporting in accordance with sections…
-
Type:
-
Rule or condition
-
Tertiary education organisations (TEOs) must contact the Tertiary Education Commission (TEC) in the following situations: Any loss or damage to records that might affect the TEC’s ability to audit the TEO Changes in circumstances that may impact on funding eligibility Change in circumstances that may affect the TEO's ability to meet the conditions of the Investment Plan agreed with the TEC or t…
-
Type:
-
Rule or condition
-
Tertiary education organisations (TEOs) that receive Tertiary Education Commission (TEC) funding must use the funding responsibly. Example: TEOs must not use TEC or other government funding to fund items or activities such as lobbying or enrolment inducements.
-
Type:
-
Rule or condition
-
Embedded Literacy and Numeracy (ELN) funding is to be used to improve literacy and numeracy through, but not limited to, the following actions. All industry training organisations (ITOs) receiving ELN funding must undertake all these activities: Identify literacy and numeracy skills that are required by trainees within the ITO’s recognised industry Identify and arrange for any changes to the…
-
Type:
-
Rule or condition
-
Industry training organisations (ITOs) receiving embedded literacy and numeracy funding must do all of the following: Engage appropriately qualified and experienced persons or organisations Retain all records of the initial needs analysis, and maintain an overview and summative assessments of all trainees participating in the programme Take part in any evaluation process that may be organised b…
-
Type:
-
Rule or condition
-
Industry training organisations receiving Embedded Literacy and Numeracy (ELN) funding must keep records that the Tertiary Education Commission (TEC) may request from time to time, including: accurate numbers of trainees receiving embedded literacy and numeracy training at any given time initial needs analysis records records of training progress, including exit assessments written consent from…
-
Type:
-
Rule or condition
-
When a tertiary education organisation (TEO) fails to remedy a compliance breach within the timeframe set by the Tertiary Education Commission (TEC), the TEC may, without limiting its rights under any funding agreements with the TEO, do one or more of the following: Suspend funding for a period that the TEC considers appropriate Recover funds on demand or off set against any funds payable by th…
-
Type:
-
Rule or condition