Common use of THE MARKET MONITORING UNIT Clause in Contracts

THE MARKET MONITORING UNIT. Purpose of the MMU a) monitor, analyse and report on matters relating to the efficiency of the government subsidised VET market in Victoria, including competition, price, and the quality of training outcomes; and b) in connection with those actions and matters: i) conduct reviews or investigations and evaluate the practices of a particular government subsidised body, including the RTO, through a Rapid Response Team; and ii) convene and administer a Peer Review Panel.

THE MARKET MONITORING UNIT. Purpose of the MMU 11.1. The RTO acknowledges and agrees that MMU’s purpose is to: a) monitor, analyse and report on matters relating to the efficiency of the government subsidised VET market in Victoria, including competition, price, and the quality of training outcomes; and b) in connection with those actions and matters: i) conduct reviews or investigations and evaluate the practices of a particular government subsidised body, including the RTO, through a Rapid Response Team; and ii) convene ii)convene and administer a Peer Review Panel.