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STATES GRANTS (TERTIARY EDUCATION ASSISTANCE) ACT 1984 No. 127, 1984 - SECT 11
Recurrent grants may be increased to assist institutions in meeting certain superannuation expenses
11. (1) The Minister may, after obtaining the advice of the Commission,
determine, for the purposes of this section, that expenditure of a specified
kind by universities or colleges of advanced education, being expenditure in
respect of, or in relation to, superannuation, shall be relevant
superannuation expenditure.
(2) Where the Minister is satisfied that a university or a college of
advanced education has incurred, or will incur, in respect of a year to which
this Act applies, relevant superannuation expenditure, the Minister may,
during that year, determine an amount to be an amount of additional financial
assistance that is payable in relation to the university or the college in
respect of that year, and, subject to sub-section (3), upon the making of that
determination-
(a) in a case where the amount is determined in relation to a
university-there shall be deemed to have been specified (as from 1
January in that year), in substitution for the amount specified in
Schedule 1 in relation to the university and to that year, the amount
so specified as increased by the amount so determined; or
(b) in a case where the amount is determined in relation to a college of
advanced education-there shall be deemed to have been specified (as
from 1 January in that year), in substitution for the amount specified
in Schedule 3 in relation to the college and to that year, the amount
so specified as increased by the amount so determined.
(3) The aggregate of the amounts determined under sub-section (2) in relation
to universities and colleges of advanced education shall not exceed-
(a) in respect of the year 1985-$15,945,000;
(b) in respect of the year 1986-$20,141,000; or
(c) in respect of the year 1987-$23,288,000.
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