Student Assistance Act 1973

Part 7 - Miscellaneous  

SECTION 55A   APPROPRIATION  

55A(1)    
Payment of benefit in relation to:

(b) the Assistance for Isolated Children Scheme; and

(c) the ABSTUDY Scheme (also known as the Aboriginal Study Assistance Scheme), other than in relation to the away-from-base element of that scheme for mixed mode study;

is to be made out of the Consolidated Revenue Fund, which is appropriated accordingly.

55A(1AAA)    

Payments in relation to ABSTUDY student start-up loans are to be made out of the Consolidated Revenue Fund, which is appropriated accordingly.

55A(1A)    
The following payments, namely:

(a) payments of subsidy to a participating corporation under an agreement entered into under section 12D ;

(b) payments to a participating corporation under paragraph 12QB(2)(c) , 12QC(2)(c) , 12S(2)(c) , 12U(2)(b) or 12V(2)(b) , subsection 12ZA(11) or paragraph 12ZB(b) ;

are to be made out of the Consolidated Revenue Fund, which is appropriated accordingly.

55A(1AA)    
The Consolidated Revenue Fund is appropriated as necessary for the purposes of Part 2 of Schedule 11 to the Social Security Legislation (Youth Allowance Consequential and Related Measures) Act 1998 .

Note:

Part 2 of Schedule 11 to the Social Security Legislation (Youth Allowance Consequential and Related Measures) Act 1998 makes various transitional provisions, with effect from 1 July 1998, that relate to the abolition of the Youth Training Allowance, AUSTUDY and Financial Supplement relating to AUSTUDY. Subsection (1AA) of this section enables money to be appropriated for purposes such as the payment of a benefit under the AUSTUDY scheme after 1 July 1998 following a review under a transitional provision in that Part of that Schedule.

55A(2)    
In this section:

benefit
includes an advance on account of benefit that is expected to become payable under a scheme mentioned in subsection (1).