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AUSTRALIAN EDUCATION ACT 2013 (NO. 67, 2013) - SECT 58 New and old per student amounts

AUSTRALIAN EDUCATION ACT 2013 (NO. 67, 2013) - SECT 58

New and old per student amounts

             (1)  The Minister must determine, in writing, for each approved authority that is an approved authority on 1 January 2014:

                     (a)  an old per student amount for 2013 and 2014; and

                     (b)  if section 59 applies in relation to the approved authority--an old Commonwealth per student amount for 2014.

             (2)  An amount determined under subsection (1) for an approved authority must not be inconsistent with any relevant arrangement of the approved authority.

             (3)  The new per student amount , for a year, for an approved authority that is an approved authority on 1 January 2014 is worked out using the following formula:

                  

Note:          To work out the number of students at a school for a year, see sections 16 and 17.

             (4)  The approved authority's total public funding amount for a year is the total amount worked out (subject to subsection (5)) for the year under section 32 for all schools for which the approved authority is approved in that year.

             (5)  In working out an amount under section 32 for a school for a year, disregard the Commonwealth's share for the school.