Pursuant to sections 159X and 159Y of the Education Act 1989, the Tertiary Education Commission (TEC) gives the following notice.
N o t i c e
1. Title—This notice is the Requirements and Exemptions for Profiles (Investment Plans) for 2008–2010 for Tertiary Education Organisations Notice (No. 2) 2007.
2. Commencement—This notice applies from the date of its publication.
3. Pursuant to sections 159X and 159Y of the Education Act 1989, the Tertiary Education Commission (TEC) published the Requirements and Exemptions for Profiles (Investment Plans) for 2008–2010 for Tertiary Education Organisations Notice 2007 (“the principal notice”)*, outlining the requirements and exemptions for Profiles (Investment Plans) for 2008–2010.
4. New Clause 3 of the Principal Notice—Clause 3 of the principal notice is hereby amended by revoking clause 3 and replacing it with the following:
“From 2008, the term ‘Investment Plan’ will be used to generally describe ‘Profiles’.”
5. However, in order to be consistent with the existing legislation, Profile is used in the remainder of this notice.
6. Parliament is currently considering the Education (Tertiary Reforms) Amendment Bill which, amongst other things, is intended to streamline planning and reporting requirements for Tertiary Education Organisations (TEOs).
7. To avoid any confusion, however, the TEC confirms that:
(a) the development and approval of Profiles for
2008–2010, as envisaged by the principal notice, will take place within the existing Profile provisions of the Education Act 1989 (namely, sections 159X and 159Y);
(b) Profiles will be the output of dialogue between each organisation and the TEC;
(c) the legislative framework relating to charters (particularly sections 159M and 159N of the Education Act 1989) continues to apply, unaffected by anything that is contained in either the principal notice or this notice; and
(d) the content and decision-making criteria set out
in the principal notice satisfy the requirements of section 159X of the Education Act 1989 and are
not affected by this notice.
8. Public Administration Requirements for TEIs (Universities, Institutes of Technology and Polytechnics, and Wananga)—Pursuant to section 159X(1)(c) of
the Education Act 1989, the TEC requires Tertiary Education Institutions (TEIs) to include a range of public administration information in their Profiles. An Investment Guidance Supplement explaining the public administration requirements to be addressed in Profiles for TEIs will be available on the TEC’s website at
www.tec.govt.nz
from 2 August 2007. Alternatively, a copy of the supplement can be obtained from:
Investment Guidance
Tertiary Education Commission
PO Box 27048
Wellington.
Dated at Wellington this 2nd day of August 2007.
JIM DONOVAN, Interim Chair, Tertiary Education Commission.
*New Zealand Gazette, 29 March 2007, No. 35, page 911