S 33-20 repealed by No 119 of 2007, s 3 and Sch 4 item 2, effective 1 January 2008. No 119 of 2007, s 3 and Sch 4 item 5 contains the following transitional provision:
5 Transitional provision
5
For the purposes of working out if and how a higher education provider's basic grant amount for the year 2008 or an earlier year is to be adjusted under Subdivision
33-C
of the
Higher Education Support Act 2003
, disregard the amendments made by this Schedule.
S 33-20 formerly read:
SECTION 33-20 Adjustments in accordance with guidelines
33-20(1)
A higher education provider's *basic grant amount for a year (the
grant year
) is to be adjusted, in respect of the preceding year, in the circumstances specified in the Commonwealth Grant Scheme Guidelines.
33-20(2)
The Commonwealth Grant Scheme Guidelines must specify, in relation to each of the adjustments:
(a)
whether the adjustment is to be an increase or a reduction in the provider's *basic grant amount for the grant year; and
(b)
the amount of the adjustment, or how the adjustment is to be worked out.
Note:
A higher education provider's basic grant amount for the grant year can also be adjusted in respect of the grant year under section
33-37
.