Commonwealth Numbered Acts

STATES GRANTS (TERTIARY EDUCATION ASSISTANCE) ACT 1981 No. 167, 1981 - SECT 19

19. (1) A State may, from time to time, submit for the approval of the
Commission proposals for expenditure by a college of advanced education
situated in that State on equipment for use by the college.

(2) The Commission may approve a proposal submitted to it under sub-section
(1) in relation to a college of advanced education as an approved proposal for
expenditure by the college in respect of the year 1982 on equipment subject to
such conditions as the Commission determines, and may revoke or vary any such
approval.

(3) Subject to sub-section (4), in relation to each approved proposal for
expenditure by a college of advanced education in respect of the year 1982 on
equipment, there is payable to the State in which the college is situated, for
the purpose of financial assistance in relation to expenditure incurred or to
be incurred by the college or by the body administering the college in
connection with the approved proposal, an amount equal to the amount of the
proposed expenditure.

(4) The sum of the amounts payable to a State under sub-section (3) in respect
of approved proposals for expenditure by colleges in respect of the year 1982
shall not exceed the amount specified in Schedule 9 in relation to that State.

(5) Financial assistance is granted to a State under sub-section (3) in
relation to approved proposals for expenditure by a college of advanced
education in respect of the year 1982 on the conditions that-

   (a)  the State will, without undue delay, pay to the college each amount
        paid to it under sub-section (3) in relation to those proposals;

   (b)  the State will ensure that the sum of the amounts expended by the
        college in connection with approved proposals for expenditure by the
        college in respect of that year, being amounts expended before 1
        January 1983 or expended on or after that date in respect of
        commitments entered into before that date, is not less than the sum of
        the amounts of financial assistance paid to the State under
        sub-section (3) in relation to approved proposals of the college in
        respect of that year; and

   (c)  the State will cause to be furnished to the Commission, not later than
        30 September 1983, a statement by a qualified auditor, in accordance
        with a form approved by the Commission, as to the expenditure of the
        college in connection with approved proposals for expenditure by the
        college in respect of that year, being expenditure that occurred
        before 1 January 1983 or that occurred on or after that date in
        respect of commitments entered into before that date.