Private Training Establishment Registration Rules 2021

6.1.3. Business management

  1. unless paragraph (b) applies or rule 7.1 applies, complete and supply to NZQA the Annual Financial Return within five months of the end of the financial year of the PTE:
  2. PTEs funded by the Tertiary Education Commission under Subpart 1 of Part 5 of the Act are not required to submit the Annual Financial Return to NZQA:
  3. complete and supply to NZQA the Annual Registration Fee Return by 30 June each year, the form for which is available on the NZQA website:
  4. where the PTE is a signatory provider and does not receive any funding from the Tertiary Education Commission under Subpart 1 of Part 5 of the Act, that PTE must electronically transmit to the Ministry of Education from its student management system the student and other information required by the Ministry as set out on the Ministry's website:
  5. not associate itself with provision of NZQA approved study or training under sub-contracted arrangements unless the arrangements comply with the sub­ contracting requirements in the rules relating to programme accreditation, training scheme approval, or consent to assess against standards (as applicable):
  6. keep its financial records up to date, ensure the financial records follow Generally Accepted Accounting Principles and financial reporting standards, and maintain an adequate system of internal financial controls:
  7. ensure it remains financially sustainable and able to meet its financial commitments:
  8. meet the needs of its relevant communities (including whānau, hapū, iwi, or hāpori Māori) and other key stakeholders (including any relevant academic, employer, industry, runānga, mārae, professional and other bodies) consistent with the description required of the PTE under rule 4.1(c):
  9. where students are enrolled in a course of the PTE that is a programme, a training scheme, or teaching of one or more standards, and the PTE ceases providing that course before its scheduled end date, the PTE must meet all relevant and reasonable costs relating to those students associated with the cessation of the course, including ( without limitation) costs relating to:
    1. any assessments of students or recognition of prior learning or credit transfer that may be required;
    2. any student education or training needed due to poor or lack of teaching provision; and
    3. any transfer of students to courses at other education providers.
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