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TRAINING GUARANTEE (ADMINISTRATION) ACT 1990 No. 60 of 1990 - SECT 34
Application of Fund
34. (1) Subject to this section, money in the Fund may be applied for the
purposes of:
(a) reimbursing the Commonwealth for:
(i) the costs of administering this Act during any period; and
(ii) costs incurred by the Commonwealth during any period in
collecting, compiling, analysing and publishing information
about the operation of this Act; and
(b) making payments under training guarantee agreements; and
(c) refunding any overpaid amounts under section 50 or any amounts paid
into the Fund in error.
(2) For the purposes of paragraph (1) (a), the Minister for Finance may, from
time to time, determine the amount of any reimbursement to be made to the
Commonwealth in relation to a period on such basis as the Minister for Finance
considers appropriate.
(3) If a training guarantee agreement is not in force in relation to a State
or Territory and a period, the Minister may use, for furthering the objects of
this Act, any amount that would, in the Minister's opinion, have been payable
to the State or Territory in relation to the period if such an agreement were
in force.
(4) If, under section 36 (Failure to comply with training guarantee
agreement), an amount has been paid to the Commonwealth by a State or
Territory, or an amount has been deducted from a payment to a State or
Territory, the amount paid or deducted may be allocated to other States or
Territories, or used for otherwise furthering the objects of this Act, as the
Minister thinks appropriate.
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