RTO Due Diligence | Change of ownership

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RTO Due Diligence | Change of ownership

When you are buying an RTO, you will trigger a change of ownership event and will be scrutinised by ASQA to ensure you:

  • are prepared appropriately for delivering courses
  • will continue to have sufficient resources to provide quality training outcomes
  • are compliant with regulatory requirements, including Fit and Proper Person requirements

We will provide you with consulting support and conduct an internal audit against Standards for RTOs 2015. You will be provided with an audit report including other considerations such as the RTO’s compliance history, the scope of registration, students (including those under 18 years) and students records to assist you in your decision to buy the RTO. We will also assist you in submitting the material change notification in accordance with the ASQA RTO change of ownership requirements. The service will include assistance with mandatory evidentiary requirements demonstrating you meet Fit and Proper Person and FVRA requirements, completing the self-assessment tool to assess your compliance and submitting the notification within the required timeframes. We will also work with you to ensure you are aware of your obligations under the Vocational Education and Training (VET) Quality Framework, the Education Services for Overseas Students (ESOS) Quality Framework requirements, and ASQA the national regulator.

Getting the right advice is very important before you make a significant investment in buying an RTO. Get in touch today and let us handle your due diligence to help you purchase the right training business.

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