Commonwealth Numbered Acts

TRAINING GUARANTEE (ADMINISTRATION) ACT 1990 No. 60 of 1990 - SECT 24

24. (1) The net eligible training expenditure of an employer in a year is the
amount (being an amount not below 0) calculated, in relation to the employer
and the year, using the formula:
     total eligible training             total eligible training subsidies

           expenditure            -             and reimbursements


(2) Total eligible training expenditure is the total of the eligible
training expenditure incurred by the employer in the year.

(3) Total eligible training subsidies and reimbursements is the total of the
subsidies and reimbursements received by the employer in the year in relation
to eligible training programs.