Commonwealth Numbered Acts

STATES GRANTS (UNIVERSITIES) ACT 1975 No. 68, 1975 - SECT 9

9. After section 7 of the Principal Act the following section is inserted:-
Additional special research grants.
''7A. (1) Subject to this section, where the expenditure incurred, or to be
incurred, during the period of 3 years to which this Act applies, by a
University specified in the Fourth Schedule by way of additional research
expenses exceeds, or appears to the Minister likely to exceed, 120 per centum
of the amount specified in Part I of that Schedule in relation to that
University, there is payable to the State in which the University is situated,
for the purpose of financial assistance in relation to those expenses, in
addition to the amount payable in respect of those expenses under section 7,
such amount or amounts as the Commission determines, not exceeding, in the
aggregate-

   (a)  the amount of the excess or the likely excess; or

   (b)  the amount specified in relation to that University in Part II of that
        Schedule, whichever is the less.

''(2) The financial assistance to a State by way of payment of an amount under
sub-section (1) in relation to any expenses of a University is granted on the
conditions that-

   (a)  the State will, without undue delay, pay the amount to the University;
        and

   (b)  the State will ensure that the University promptly discharges any
        outstanding liability in respect of those expenses.''.