Commonwealth Consolidated Acts

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HIGHER EDUCATION FUNDING ACT 1988 - SECT 21A

Conditions on certain grants under section 21

             (1)  A body other than an institution is granted financial assistance under section 21 in relation to an approved proposal of the body in respect of a year on the condition set out in this section.

             (2)  The total amount spent by the body in connection with the proposal during the year must not be less than the total amount of the financial assistance paid to the body under section 21 in relation to the proposal.

             (3)  For the purposes of subsection (2), the total amount spent by the body during the year includes amounts spent by the body after the end of the year in respect of commitments entered into before the end of the year.



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