Explanatory Memorandum
(Circulated by authority of the Minister for School Education, Early Childhood and Youth, the Honourable Peter Garrett MP)Shedule 1 - Amendment of the Indigenous Education (Targeted Assistance) Act 2000
Item 1 - Subsection 3(1)
Item 1 makes a technical amendment to subsection 3(1) of the IETA Act for the purposes of Item 7.
Item 2 - Section 11D
Item 2 repeals section 11D of the IETA Act. Section 11D of the IETA Act provides that each agreement which the Minister makes with an education provider under section 10 must contain a condition requiring each other party to report how the party has advanced (and intends to advance) the objects of IETA Act from funds coming from sources other than the IETA Act for each funding year covered by the agreement. The amendment made by Item 2 shall remove the requirement that education providers must provide reports under section 11D.
Items 3, 4, 5 and 6 - Subsection 14B(1) (table items 1, 2, 3 and 4)
The Australian Government has previously made a number of policy decisions to transfer funding from the IETA Act to other Government programs for implementation. The transfer of these funding amounts has already been reflected in the budget forward estimates. To ensure the IETA Act reflects these decisions, a number of amendments are now required to be made to the appropriations for the current funding quadrennium of 2009 to 2012 set out in the table under subsection 14B(1) of the IETA Act.
Items 3, 4, 5 and 6 insert new figures in the 'Starting amount' column of the table under subsection 14B(1) of the IETA Act for each of the respective appropriation periods within the current quadrennium.
Item 3 inserts new table item 1 to provide the Starting amount of $130,305,000 in respect of the 1 January 2009 to 30 June 2010 appropriation period.
Item 4 inserts new table item 2 to provide the Starting amount of $126,206,000 in respect of the 1 January 2010 to 30 June 2011 appropriation period.
Item 5 inserts new table item 3 to provide the Starting amount of $117,200,000 in respect of the 1 January 2011 to 30 June 2012 appropriation period.
Item 6 inserts new table item 4 to provide the Starting amount of $120,020,000 in respect of the 1 January 2012 to 30 June 2013 appropriation period.
Item 7 - After section 14B
Item 7 inserts new section 14C into the IETA Act. New subsection 14C(1) inserts a new table and provides at table item 1 the Starting amount of $133,527,000 in respect of the additional appropriation period of 1 January 2013 to 30 June 2014.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).