the management action plan auditor’s recommendations, and this VET Funding Contract. Internal Audits The Training Provider must conduct an internal audit of its compliance with this VET Funding Contract during each calendar year in accordance with any requirements of the Department. The internal audit must be: completed six months from the Commencement Date; signed off by the CEO of the Training Provider; and provided to the Department, or its auditors or reviewers, on request. If an internal audit conducted in accordance with Clause 11.4 reveals non-compliance with this VET Funding Contract, the Training Provider must: develop a rectification plan within a reasonable timeframe to rectify any with this VET Funding Contract within a reasonable timeframe; and provide the Department, or its auditors or reviewers, with a copy of the rectification plan on request. Peer Review Panel The Department may convene a Peer Review Panel at any time to consider any matter that comes to its attention that: is relevant to the conduct, advertising or pricing of the Training Services; or otherwise is relevant to the operation of the government subsidised VET market in Victoria, including competition, price, and the quality of training outcomes. If the Department convenes a Peer Review Panel as contemplated by this Clause 11, the Training Provider must, on receipt of at least one month's prior written notice by the Department, make its CEO or an alternative representative approved by the Department available to participate in and assist with a Peer Review Panel. For the purpose of Clause 11.7: the Training Provider must make its CEO or alternative representative available at least once per calendar year for up to three Business Days; and 'participate in and assist with' means participating in discussions with other members of the Peer Review Panel, and contributing to the preparation of any report, recommendation, finding or other document to be submitted by the Peer Review Panel to the Department. The Training Provider must ensure that, as required by the Department, its representative on the Peer Review Panel signs, as a condition of participation: a confidentiality deed; and a terms of reference document. The Training Provider agrees and acknowledges that, in addition to its obligations under Clause 13.1, the Training Provider must ensure that its CEO or other representative does
auditor’s recommendations, the management action plan and this VET Funding Contract. Internal Audits The Training Provider must conduct an internal audit of its compliance with this VET Funding Contract during each calendar year in accordance with any requirements of the Department. The internal audit must be: completed six months from the Commencement Date; signed off by the CEO of the Training Provider; and provided to the Department, or its auditors or reviewers, on request. If an internal audit conducted in accordance with Clause 11.4 reveals non-compliance with this VET Funding Contract, the Training Provider must: develop a rectification plan within a reasonable timeframe to rectify any with this VET Funding Contract within a reasonable timeframe; and provide the Department, or its auditors or reviewers, with a copy of the rectification plan on request. Peer Review Panel The Department may convene a Peer Review Panel at any time to consider any matter that comes to its attention that: is relevant to the conduct, advertising or pricing of the Training Services; or otherwise is relevant to the operation of the government subsidised VET market in Victoria, including competition, price, and the quality of training outcomes. If the Department convenes a Peer Review Panel as contemplated by this Clause 11, the Training Provider must, on receipt of at least one month's prior written notice by the Department, make its CEO or an alternative representative approved by the Department available to participate in and assist with a Peer Review Panel. For the purpose of Clause 11.7: the Training Provider must make its CEO or alternative representative available at least once per calendar year for up to three Business Days; and 'participate in and assist with' means participating in discussions with other members of the Peer Review Panel, and contributing to the preparation of any report, recommendation, finding or other document to be submitted by the Peer Review Panel to the Department. The Training Provider must ensure that, as required by the Department, its representative on the Peer Review Panel signs, as a condition of participation: a confidentiality deed; and a terms of reference document. The Training Provider agrees and acknowledges that, in addition to its obligations under Clause 13.1, the Training Provider must ensure that its CEO or other representative does
FINAL_Master_TAFE_VFC_v1.0_2016_10_14.docx