Commonwealth Numbered Acts

STATES GRANTS (TERTIARY EDUCATION ASSISTANCE) ACT 1987 No. 123, 1987 - SECT 15

15. (1) The Minister may 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 college of advanced
education has incurred, or will incur, relevant superannuation expenditure,
the Minister may, during the year 1988, determine an amount of additional
financial assistance payable in relation to the university or college in
respect of that year, and, subject to subsection (3), as from 1 January 1988,
the amount specified in Schedule 1 in relation to the university or Schedule 2
in relation to the college, as the case requires, shall be deemed to be
increased by the amount so determined.

(3) The aggregate of the amounts determined under subsection (2) shall not
exceed $38,513,000.