YG025: TEO to repay funding following revocation of funding approval


If the TEC, in accordance with s159YG of the Education 1989, suspends or revokes some or all of a TEO’s funding paid through Youth Guarantee before that funding has been used or contractually committed towards the purposes for which it was provided, the TEO must treat the unexpended or uncommitted portion of the funding as a debt due to the Crown that:

a)  is repayable on demand; and

b)  may be set-off against all or any funding, or any sum of money payable by the TEC to the TEO.

  • Last changed: 3 March 2016
  • Last verified: 3 March 2016