House of Representatives
Higher Education Legislation Amendment (2005 Budget Measures) Bill 2005
Higher Education Legislation Amendment (2005 Budget Measures) Act 2005
Explanatory Memorandum
(Circulated by authority of the Minister for Education, Science and Training, the Honourable Dr Brendan Nelson MP)Schedule 2 - Amendment of the Higher Education Funding Act 1988
Item 1 Paragraphs 110A(2)(b) and (c)
Section 110A provides a ministerial discretion to grant transitional financial assistance for the years 2005-2007 to an institution to which financial assistance was payable under Chapter 2 in respect of the year 2004. Item 1 amends paragraphs 110A(2)(b) and (c) to vary the maximum aggregate grant amount for 2006 and 2007 to reflect supplementation consistent with indexation arrangements.