Australian School of Management Pty Ltd: Cancel Registration 14 June 2017
Cancellation of registration
Report on cancellation of registration of Australian School of Management Pty Ltd
TEQSA has cancelled the registration of Australian School of Management Pty Ltd (ASM) under section 101 of the Tertiary Education Quality and Standards Agency Act 2011 (TEQSA Act) with the decision to take effect on 7 July 2017.
Main Reasons for Decision
In March 2017 TEQSA initiated a compliance assessment of ASM's higher education operations under section 59 of the TEQSA Act.
On 25 May 2017, Mr David McEvoy and Mr Martin Ford of PPB Advisory were appointed joint and several Administrators of Australian School of Management Pty Ltd.
After conducting the compliance assessment, TEQSA considers that the decision to cancel the registration is consistent with the basic principles for regulation in Part 2 of the TEQSA Act, as Australian School of Management Pty Ltd has failed to meet the following Threshold Standards:
- Sections 1.1, 7.1 and 7.2 of Part A, in relation to ASM's admissions policies, requirements and procedures for its higher education courses and the provision of information to current and prospective students in those courses; and
- Paragraph 6.2.1.c of Part A, in relation to ASM's financial viability and sustainability.
TEQSA also considers that ASM has failed to comply with the following conditions imposed on its registration:
- the condition in section 29 of the TEQSA Act that a registered higher education provider notify TEQSA of an event that will significantly affect the provider's ability to meet the Threshold Standards no later than 14 days after the day the provider would reasonably be expected to have become aware of the event;
- the condition in section 31 of the TEQSA Act that a registered higher education provider cooperate with TEQSA to facilitate TEQSA's performance of its functions