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VOCATIONAL EDUCATION AND TRAINING FUNDING AMENDMENT ACT 2001 NO. 88, 2001 - SCHEDULE 2

- Amendment of the Vocational Education and Training Funding Act 1992

1 Section 9 (table)

Omit:

2001
$931,415,000

substitute:

2001
$952,745,000
2002
$956,158,000

2 After section 9A

Insert:

9AB Additional funds for allocation by the Authority if State complies with ANTA agreement
(1) If:

(a)
the Commonwealth and a State approve the ANTA agreement; and

(b)
the Minister determines that the State complies with the agreement; and

(c)
the Minister determines that, because the State has complied with the agreement, a specified amount is to be paid to the Authority in respect of the State and a calendar year specified in the table at the end of this section;

the amount determined is payable to the Authority, for allocation to the State under the Australian National Training Authority Act 1992 in respect of the calendar year.

(2) In making determinations under subsection (1), the total of the amounts that the Minister determines in respect of a calendar year must not exceed the limit for that year specified in the following table.


Year Limits
Item
Calendar Year
Limit for year
1
2001
$50,000,000
2
2002
$75,00 0,0 00

(3) In this section:

ANTA agreement means the agreement, set out in Schedule 1 to the Australian National Training Authority Act 1992 as amended by the Vocational Education and Training Funding Act 2001 , as amended from time to time.

3 Section 9B

Omit "or 9A", substitute ", 9A or 9AB".




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