(1) The Authority may at any time monitor, or conduct an assessment of, the financial capabilities of a non-Government school registered under this Division.
(2) Any monitoring or assessment conducted under subsection (1) must be conducted in accordance with the regulations and the guidelines issued under section 4.3.8A.
(3) If a school is assessed by the Authority as being financially unviable or at risk of becoming financially unviable, the Authority may do one or more of the following—
(a) report to parents of students at the school on the result of the assessment, including the areas in which the school is no longer financially viable;
(b) in accordance with any Ministerial Order, impose a condition of registration on the school to put in place a protection scheme for fees that have been paid or are to be paid to the school in accordance with that Ministerial Order.
(4) In this section—
"fee" includes any of the following—
(a) a fee for tuition of a student;
(b) a fee for an activity undertaken by a student within or outside of the school premises under the supervision of the school;
(c) a refundable amount of money paid to the school in connection with the tuition of a student at the school.
An example of an activity referred to in paragraph (b) is a camp or excursion organised by the school.
S. 4.3.2 amended by Nos 58/2007 s. 23, 7/2015 s. 6.