HIGHER EDUCATION FUNDING ACT 1988
[ CCH Note: Act No 150 of 2003, s 3 and Sch 1 items 19 and 24, contain the following transitional provisions:
``Rollover of 2004 grants made under the Higher Education Funding Act 1988
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If:
(a) a body receives a grant of financial assistance under Chapter 2 of the old Act during the year 2004; and
(b) the body fails to spend all of that grant in accordance with the old Act in respect of the year 2004; and
(c) the Secretary determines in writing that this paragraph applies to the body;then so much of the unspent grant amount as the Secretary specifies in relation to the grant will be taken to have been granted to the body under the new Act in respect of the year 2005:
(d) under the section of the new Act that the Secretary specifies in the determination; and
(e) on such conditions as the Secretary specifies in the determination. Definitions
24
In this Schedule:new Act
means the Higher Education Support Bill 2003 .old Act
means the Higher Education Funding Act 1988 .'']
The total of the amounts that are payable under sections 15 and 16 in respect of a year shall not exceed:
(a) in the case of the year 1989 - $2,213,382,000;
(b) in the case of the year 1990 - $2,441,844,000;
(c) in the case of the year 1991 - $2,599,025,000;
(d) in the case of the year 1992 - $2,733,557,000; and
(e) in the case of the year 1993 - $2,943,153,000; and
(f) in the case of the year 1994 - $3,520,163,000; and
(g) in the case of the year 1995 - $3,652,019,000; and
(h) in the case of the year 1996 - $3,803,406,000; and
(i) in the case of the year 1997 - $3,855,623,000; and
(j) in the case of the year 1998 - $3,857,921,000; and
(k) in the case of the year 1999 - $3,459,627,000; and
(l) in the case of the year 2000 - $3,425,879,000; and
(m) in the case of the year 2001 - $2,756,161,000; and
(n) in the case of the year 2002 - $2,847,634,000; and
(o) in the case of the year 2003 - $2,904,491,000; and
(p) in the case of the year 2004 - $3,010,199,000.
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