Section 47
Registration of skills training loan application
of Skills Development Fund Act 2004
(1)
A skills training provider registered under section 34 may submit applications for skills training loans facilities to the
Corporation for trainees undergoing skills training by the skills training provider in a programme approved by the Corporation.
(2)
Every application for a skills training loan shall be made to the Chief Executive in such form and manner as may be determined by the Corporation.
(3)
Every application shall be accompanied with—
(a)
such documents and information as may be determined by the Chief Executive; and
(b)
such fees, if any, as may be determined by the Corporation.
(4)
No fee shall be imposed under subsection (3) in respect of an application by an institution owned or operated by the Government or a State Government or a statutory body.
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(5)
At any time after receiving the application for a skills training loan and before it is determined, the Chief Executive may by written notice require the skills training provider to provide additional documents and information within a specified period.
(6)
Where the additional documents and information required under subsection (5) are not provided by the applicant within the specified period or such extended period as may be allowed by the
Chief Executive, the application shall be deemed to be withdrawn and not be further proceeded with, but a new application may be made by the applicant.
(7)
The Chief Executive or any officer of the Corporation may at any time inspect the premises of the skills training provider to verify the authenticity of the application.
(8)
An application for a skills training loan may be withdrawn at any time before it is granted or refused.
Power to grant or refuse application of skills training loan 48.
The Chief Executive may—
(a)
approve the application; or
(b)
refuse the application, stating the grounds for his refusal.
Refusal of application of skills training loan 49.
An application of a skills training loan may be refused on any or all of the following grounds:
(a)
that the sum of money provided for skills training loans in the annual estimates under section 14 is not sufficient;
(b)
that the training programme conducted is not an approved training programme;
(c)
that the applicant has not complied with the provisions of this Act and regulations made under this Act in relation to such application;
(d)
that the applicant has provided any information which he knows to be false or which he does not believe to be true, or has intentionally suppressed any material fact, or provided any misleading information;
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(e)
that the approval of a skills training loan in respect of the training programme has been revoked under section 53; or
(f)
that a notice of the intention to revoke the skills training provider’s registration under section 34 or the approval of the training programme under section 44 has been issued.