Australia Standards for Registered Training Organisations 2015
Standard 7: Governance and administration – Australia Standards for Registered Training Organisations 2015

Australia Standards for Registered Training Organisations 2015 7.3: Clause 7.3 Protection of prepaid fees above $1,500 (Schedule 6)

Where the RTO, directly or through a third party, requires a learner to prepay more than $1,500 in total, it meets Schedule 6: a government entity or Australian university implements a policy for placement in an equivalent course or refund; any other RTO holds an unconditional bank guarantee covering prepaid fees above the threshold, belongs to a Tuition Assurance Scheme approved by its regulator, or uses another regulator-approved measure.

Maintained by Gerard Blokdyk

What else in your programme already covers this

This control maps to 1 controls across 1 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.

  • CR18 s 18 Prepaid fee protection above $1,500

Every mapping shown was judged rather than inferred from wording similarity, and the ones that failed review are published too. See the coverage reports and what was rejected.

Other controls in Standard 7: Governance and administration – Australia Standards for Registered Training Organisations 2015

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