Commonwealth Consolidated Acts

HIGHER EDUCATION SUPPORT ACT 2003 - SECT 33.1

             (1)  The amount of a grant payable to a higher education provider under this Part for a year is worked out by:

                     (a)  working out the * basic grant amount for the provider for that year under Subdivision 33‑B; and

                     (b)  if applicable, adjusting the basic grant amount under Subdivision 33‑C; and

                     (c)  if applicable, and if the year is 2011 or a later year--adding the performance funding grant amount for the provider for that year.

          (1A)  In subsection (1):

"performance funding grant amount" for a higher education provider for a year is the amount (if any) worked out under the Commonwealth Grant Scheme Guidelines.

             (2)  Advances may be paid to a higher education provider under Subdivision 33‑D.

Note:          Part 5‑1 deals with how payments can be made.