Commonwealth Numbered Acts

HIGHER EDUCATION FUNDING ACT 1988 No. 2 of 1989 - SECT 7

7. Where, for operating purposes or for limited operating purposes, an
institution makes provision, not inconsistent with actuarial principles, in
the accounts (including the journals and ledgers) of the institution for
future or contingent liabilities in respect of superannuation payments or long
service leave, the institution shall be taken, for the purposes of this Act,
to have spent the amount of that provision for operating purposes or for
limited operating purposes, as the case requires, in respect of the year in
which that provision is made.