ParaPharm Pty Ltd: Cancel registration 11 November 2018
Cancellation of registration
Report on cancellation of registration of ParaPharm Pty Ltd
On 14 November 2018, TEQSA cancelled, under section 101 of the Tertiary Education Quality and Standards Agency Act 2011 (TEQSA Act), the registration of ParaPharm Pty Ltd with immediate effect.
Main reasons for the decision
TEQSA considers that the decision to cancel the registration is consistent with the basic principles of regulation in Part 2 of the TEQSA Act.
On 3 October 2018, Robyn Erskine & Adrian Hunter of Brooke Bird were appointed joint and several administrators of ParaPharm Pty Ltd.
TEQSA considers that ParaPharm Pty Ltd has failed to meet the following provisions of the Higher Education Standards Framework (Threshold Standards) 2015:
- Paragraph 6.2.1c of Part A, in relation to Parapharm's financial viability and sustainability
- Standard B1.1.1, in relation to Parapharm's failure to offer at least one accredited course of study.
TEQSA also considers that ParaPharm Pty Ltd has, for the purposes of paragraph 98(b) of the TEQSA Act, failed to comply with the condition imposed on its registration under section 25 of the TEQSA Act that it must offer at least one accredited course.