Higher Education Legislation Amendment Act (No. 2) 2002 (78 of 2002)

Schedule 1   Amendment of the Higher Education Funding Act 1988

Part 2   Acquittal of financial assistance

17   Subsection 24(4)

Repeal the subsection, substitute:

(4) Financial assistance is granted to an institution under subsection (2) in respect of a year on the condition that:

(a) the sum of the amounts spent by the institution in making contributions towards the appropriate costs, in respect of that year, of the teaching hospital or teaching hospitals of the institution;

is not less than:

(b) the sum of the amounts of financial assistance paid to the institution under subsection (2) in relation to the institution in respect of that year.