Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

STATES GRANTS (TERTIARY EDUCATION ASSISTANCE) ACT 1981 No. 167, 1981 - SECT 9

Research centres of excellence

9. (1) The Minister may approve a proposal for expenditure upon a program of
research that is submitted to him in respect of a university as a proposal
deserving financial assistance under this section in respect of a specified
year to which this Act applies or specified years to which this Act applies
subject to such conditions as the Minister determines and may vary or revoke
any such approval.

(2) Where the Minister approves a proposal in respect of a particular year
to which this Act applies, he shall determine an amount, not exceeding the
estimated expenditure on the program in that year, as the amount of approved
expenditure on the proposal in respect of that year.

(3) Subject to sub-section (4), in relation to each approved proposal for
expenditure, there is payable to the State in which is situated the university
in respect of which the proposal was submitted, in respect of each year in
respect of which the proposal is approved, for the purpose of financial
assistance in respect of expenditure incurred or to be incurred by the
university in connection with the approved proposal in respect of that year,
an amount equal to the amount of the approved expenditure on the proposal in
respect of that year.

(4) The total of the amounts determined by the Minister to be the amounts of
approved expenditure in respect of all proposals approved by him under this
section in respect of all of the years to which this Act applies shall not
exceed $16,000,000.

(5) Financial assistance is granted to a State under sub-section (3) in
relation to approved proposals for expenditure by a university in respect of a
year to which this Act applies on the conditions that-

   (a)  the State will pay each amount of that financial assistance received
        by it to the university without undue delay;

   (b)  the State will ensure that the sum of the amounts expended by the
        university in connection with approved proposals of the university in
        respect of that year, being amounts expended before 1 January next
        following the end of that year 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
        this section in relation to approved proposals of the university in
        respect of that year; and

   (c)  the State will ensure that the university furnishes to the Commission,
        not later than 30 September next following the expiration of that
        year, a statement by a qualified auditor, in accordance with a form
        approved by the Commission, as to the expenditure by the university in
        connection with approved proposals of the university in respect of
        that year, being expenditure that occurred before 1 January next
        following the end of that year or that occurred on or after that date
        in respect of commitments entered into before that date. 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback