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EDUCATION AND TRAINING REFORM ACT 2006 - SECT 5.7A.24 Distribution amount to be paid to school

EDUCATION AND TRAINING REFORM ACT 2006 - SECT 5.7A.24

Distribution amount to be paid to school

    (1)     The school council or governing body of a beneficiary school entitled to be paid an amount under section 5.7A.21 may request that the Minister give approval for the amount to be paid in parts as requested from time to time by the council or body.

    (2)     The Minister may approve a request under subsection (1).

    (3)     The trustee company must pay to the school council or governing body of a beneficiary school or a person or body acting on behalf of that council or governing body—

              (i)     if there is no approval given under subsection (2), the whole amount that the school is entitled to be paid under section 5.7A.21; or

              (ii)     the part of that amount that is from time to time requested in accordance with an approval under subsection (2).

S. 5.7A.25 inserted by No. 28/2010 s. 17.