Student Fee Protection Rules 2022

19. Savings

  1. Despite the removal of company or parent body guarantees as a Mechanism when these Rules commenced, Providers which operated such a Mechanism immediately prior to the commencement of these rules may continue to operate that mechanism.
  2. In respect of Providers operating a company or parent body guarantee Mechanism, where the Provider becomes aware that the company or parent body might or will be unable to meets its obligations under the guarantee, the Provider must immediately advise NZQA and put in place an alternative Mechanism that is Compliant.
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