Financial Viability Safeguards Required of Student Care Centre Operators
Ministry of EducationSpeakers
Transcript
34 Dr Charlene Chen asked the Minister for Education in light of the recent closure of a private student care operator (a) what financial viability safeguards are required of student care centre operators; (b) whether the Ministry monitors early indicators of financial distress; and (c) whether additional prudential measures, such as fee collection safeguards or contingency planning, will be considered to better protect children, parents and staff.
Mr Desmond Lee: This question has been addressed by the Ministry of Education's answer to Oral Parliamentary Question Nos 3 to 6 on 2 March 2026. [Please refer to "Governance of Student Care Centres and Minimising Disruptions in Event of Abrupt Centre Closures", Official Report, 2 March 2026, Vol 96, Issue 22, Oral Answers to Questions section.]