Commonwealth Numbered Acts

STATES GRANTS (TERTIARY EDUCATION ASSISTANCE) ACT 1987 No. 123, 1987 - SECT 29

29. (1) The Minister may approve a minor building project by a relevant
higher education institution, as an approved minor building project of the
institution in respect of the year 1988 and, in that event shall also approve
an amount, being an amount equal to the estimated cost of the project, as the
approved cost of the project and an amount as the amount of the approved
expenditure on the project in respect of that year.

(2) Subject to subsections (3) and (4), where the Minister approves, under
subsection (1), a minor building project, there is payable to the relevant
State for the purpose of financial assistance in relation to the project in
respect of the year 1988, an amount equal to the amount of the approved
expenditure on the project.

(3) The aggregate of the amounts payable to a State under subsection (2), in
relation to an institution shall not exceed the amount specified in Schedule
10 in relation to the institution.

(4) The Minister may revoke or vary an approval given under subsection (1)
and, if the Minister varies the amount of the approved expenditure on a
project, then, for the purposes of this Act, the amount as so varied shall be
deemed as from the date on which the project was so approved to have been the
amount of the approved expenditure on the project.