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STATES GRANTS (PRIMARY AND SECONDARY EDUCATION ASSISTANCE) REGULATIONS (AMENDMENT) 1994 NO. 381

STATES GRANTS (PRIMARY AND SECONDARY EDUCATION ASSISTANCE) REGULATIONS (AMENDMENT) 1994 NO. 381

EXPLANATORY STATEMENT

STATUTORY RULES 1994 No. 381

Issued by the Authority of the Minister for Schools, Vocational Education and Training

States Grants (Primary and Secondary Education Assistance) Act 1992

States Grants (Primary and Secondary Education Assistance) Regulations (Amendment)

Section 119 of the States Grants (Primary and Secondary Education Assistance) Act 1992 (the Act) provides that the Governor-General may make regulations for the purposes of the Act.

Subsection 106 (1) of the Act provides, in part, that the regulations may specify for a particular program year a number to be used for the variation of amounts of capital grants specified in the Schedules in relation to that year. Amendments to the States Grants (Primary and Secondary Education Assistance) Regulations have been made to specify this number for the 1994 program year.

The amounts of capital grants given to each State for specific purposes are set out in the Schedules for each program year and are supplemented each year to meet the cost of inflation by multiplying the amounts of the Schedules by the relevant number set out in the Regulations.

Capital grants are supplemented in line with the Building Price Index (BPI), which reflects movements in non-residential building costs as measured by the Australian Bureau of Statistics.

The supplementation applies to both government and non-government sectors.

The Regulations enable the initial legislated capital grant levels for 1994 to be supplemented for the movement in the BPI between December 1992 and December 1993. The variation of amounts of capital grants specified in the Schedules of the Act is determined according to the factor 1.013, which equates to an increase of 1.3%.

The effect of the Regulation is to provide an additional $4.0 million under capital grants to schools for the 1994 program year, bringing total funds appropriated under the Act to an estimated $311.6 million.

Details of the Regulations are below.

Regulation 1: Amendment

Provides that the Regulations amend the States Grants (Primary and Secondary Education Assistance) Regulations.

Regulation 2: Cost Supplementation - capital grants

Inserts a new regulation which provides that capital grant amounts specified in the Schedules of the Act will be increased by 1.3%, or by a factor of 1.013 in terms of the Act. This variation applies in relation to all capital grants for 1994.

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