Commonwealth Numbered Acts

STATES GRANTS (TERTIARY EDUCATION ASSISTANCE) ACT 1984 No. 127, 1984 - SECT 10

10. (1) The Minister may, after obtaining the advice of the Commission,
approve a proposal for expenditure by a university or college of advanced
education upon a key centre of teaching and research as a proposal deserving
financial assistance under this section in respect of a specified year to
which this Act applies subject to such conditions as the Minister determines.

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

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

(4) The aggregate of the amounts determined by the Minister to be the amounts
of approved expenditure in respect of proposals approved by the Minister under
this section in respect of a year to which this Act applies shall not exceed-

   (a)  in respect of the year 1985-$1,049,000;

   (b)  in respect of the year 1986-$1,049,000; or

   (c)  in respect of the year 1987-$1,049,000.

(5) Financial assistance is granted to a State under sub-section (3) in
relation to an approved proposal for expenditure by a university or college of
advanced education 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 or college without undue delay;

   (b)  the State will ensure that the sum of the amounts expended by the
        university or college in connection with the approved proposal 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 the approved proposal in respect of that
        year; and

   (c)  the State will ensure that the university or college furnishes to the
        Commission, not later than 30 September next following the end of that
        year, a statement by a qualified auditor, in accordance with the
        approved form, as to the expenditure by the university or college in
        connection with the approved proposal 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.