(1) This section is a simplified outline of this Act. (2) Financial assistance may be paid to the States for both government and non-government schools in the States for:

(a)

the 2001 to 2004 calendar years (for grants for general recurrent expenditure and expenditure for specific purposes); and

(b)

the 2001 to 2007 calendar years (for grants for capital expenditure).

(3) Payments may be authorised only for the purposes in Parts 5 to 14. (4) Financial assistance to a State for government schools must not be paid unless there is an agreement with the State. The agreement must set out the conditions on financial assistance, including conditions that this Act requires the agreement to include. (5) Financial assistance to a State for a non-government school or system of schools must not be paid unless:

(a)

there is an agreement with the relevant authority of the school or system that sets out the requirements that this Act requires the agreement to include; and

(b)

the list of non-government schools includes the school or the schools in the system.

(6) If there is a breach of a condition, the Minister may require an amount to be repaid to the Commonwealth. Alternatively, the Minister may reduce or delay the amount of other payments under this Act.