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House of Representatives

Higher Education Funding Amendment Bill (No. 1) 2000

Higher Education Funding Amendment Act (No. 1) 2000

Replacement Explanatory Memorandum

(Circulated by authority of the Minister for Education, Training and Youth Affairs, the Honourable Dr David Kemp MP)

This Memorandum replaces the Explanatory Memorandum presented to the House of Representatives on 21 June 2000

Financial impact

The Bill:

•
provides base funding of $4036.43m in 2002;
•
makes technical adjustments on the basis of revised HECS estimates;
•
re-allocates $17.589m from 1999 to subsequent funding years;
•
provides additional funding of $74.314m in 2001.


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