Higher education providers receiving grants cannot partner with or invest in prohibited entities; this includes businesses in fossil fuels, gambling, tobacco, and weapons.

These providers cannot appoint anyone to their governing body who is a board member of or has an investment in a prohibited entity.

Providers must publish the names and values of any partnerships or investments with prohibited entities on their websites.

Providers must end partnerships or sell investments in prohibited entities within six months.

The minister can name a corporation as a prohibited entity if it harms the Australian community or students; parliament must approve this decision.

The Commonwealth can pay providers compensation for financial losses caused by ending these partnerships or investments.