Commonwealth Consolidated Acts

HIGHER EDUCATION SUPPORT ACT 2003 - SECT 30.5

             (1)  The Minister must ensure that the total amounts of all grants payable under this Part in respect of a year, as a result of all the allocations to higher education providers for that year under section 30‑10, does not exceed:

                     (a)  for the year 2005--$3,066,956,000; or

                     (b)  for the year 2006--$3,266,479,000; or

                     (c)  for the year 2007--$3,512,501,000; or

                     (d)  for the year 2008--$3,793,766,000; or

                     (e)  for the year 2009--$4,138,233,000; or

                      (f)  for the year 2010--$4,467,881,000; or

                     (g)  for the year 2011--$4,695,755,000.

             (2)  For the purposes of subsection (1), regard must be had to any adjustments under Subdivision 33‑C to amounts for the year.

Note:          The adjustments would be in respect of the preceding year.