Condition GEN016: Funding - financial risk


Every tertiary education organisation (TEO) to which funding is payable by the Tertiary Education Commission (TEC) must, if required on reasonable grounds, satisfy 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 to learners at risk.
  • Last changed: 17 December 2010
  • Last verified: 17 December 2010
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