Common use of EFFECT OF SUSPENSION OR TERMINATION Clause in Contracts

EFFECT OF SUSPENSION OR TERMINATION. The Department may exercise its right to give the Training Provider a direction under Clause 4.7 if: this Contract is terminated; the Training Provider suspends delivery of the Training Services for any Skills First Student under a direction given by the Department under Clause 16.2(a); or the Training Provider otherwise ceases to deliver the Training Services for any Skills First Student before they have completed or withdrawn from the relevant program. A direction referred to in Clause 18.1 may, for example, require the Training Provider to: assist Skills First Students to transfer to another registered training organisation to continue the training they have commenced under this Contract; and issue statements of attainment for subjects the Skills First Student has completed. The Department may require the Training Provider to refund such amount of the following Funds as the Department reasonably deems appropriate (together with interest calculated daily at the rate prescribed under the Penalty Interest Rates Act 1983 (Vic), for the period between the Department demanding the refund and the Training Provider refunding the Funds): where this Contract was terminated under a provision other than Clause 17.4(g) or Clause 17.4(h), Funds paid prior to the date of the termination; where this Contract was terminated under Clause 17.4(f) by reason of an Insolvency Event referred to in any of paragraphs (c) to (i) of the definition, Funds paid at any time on or after the date of the Insolvency Event; or where this Contract was terminated under Clause 17.4(j), Funds paid at any time from the date of the relevant suspension, withdrawal, cancellation or cessation.