Victorian Current Acts

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VET funding

    (1)     The Secretary may—

        (a)     make payments to RTOs that provide or intend to provide vocational education and training on any terms and conditions the Secretary thinks fit; and

        (b)     enter into a VET funding contract with an RTO in relation to the provision by the RTO of vocational education and training that is funded wholly or partially by the State; and

        (c)     make payments to a local learning and employment network in accordance with a performance management agreement with the committee of management of the network; and

        (d)     make payments by way of grants, subsidies or loans in relation to vocational education and training to any person, organisation or institution, whether public or private, on any terms or conditions that the Secretary thinks fit.

    (2)     The Secretary may apply money for or towards the costs of or incidental to the performance of his or her functions and the exercise of his or her powers under this Division.

New s. 3.1.3 inserted by No. 73/2012 s. 10.

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