Condition SAC099: AMFM on existing courses following incorporation through merger or sale

Type:

Rule or condition

This Condition applies if the Tertiary Education Commission does either of the following in the case of a sale or merger between tertiary education organisations (TEOs):

• Continues a funding relationship with a TEO that continues to exist and deliver funded courses
• Establishes a funding relationship with a new TEO created specifically for delivering those courses, and for that delivery.

 In this situation both the following apply:

• Courses will be considered existing courses in relation to the relevant TEO
• The Annual Maximum Fee Movement will apply to the pre-purchase fees.