HIGHER EDUCATION FUNDING ACT 1988

CHAPTER 2 - GRANTS FOR HIGHER EDUCATION ASSISTANCE

[ 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
19
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 .'']

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PART 2.2 - OPERATING AND OTHER GRANTS

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SECTION 24 GRANTS IN RESPECT OF TEACHING HOSPITALS

24(1)
In this section:

appropriate costs
, in relation to a teaching hospital of an institution, means:

(a) expenditure (other than expenditure on building projects) incurred by the hospital in relation to:

(i) parts of the hospital used exclusively by students enrolled in the Faculty of Medicine, or School of Medicine, of the institution, by students enrolled in the Faculty of Medicine, or School of Medicine, of any other institution in relation to which that hospital is a teaching hospital and by their teachers; and

(ii) facilities and equipment so used in connection with those parts of the hospital; and

(b) expenditure incurred in the purchase of books and periodicals for the medical library of the hospital.

24(2)
Subject to subsection (3), there is payable to an institution to which this section applies, for the purpose of financial assistance in respect of contributions by the institution towards the appropriate costs, in respect of a year to which this Chapter applies, of the teaching hospital or teaching hospitals of the institution, such amount as the Minister determines.

24(3)
The total of the amounts determined under subsection (2) in respect of a year shall not exceed:

(a) in the case of the year 1989 - $3,815,000;

(b) in the case of the year 1990 - $4,029,000;

(c) in the case of the year 1991 - $4,258,000;

(d) in the case of the year 1992 - $4,421,000; and

(e) in the case of the year 1993 - $4,494,000; and

(f) in the case of the year 1994 - $4,592,000; and

(g) in the case of the year 1995 - $4,647,000; and

(h) in the case of the year 1996 - $4,738,000; and

(i) in the case of the year 1997 - $4,819,000; and

(j) in the case of the year 1998 - $4,896,000; and

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(k) in the case of the year 1999 - $4,972,000; and

(l) in the case of the year 2000 - $5,058,000; and

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(m) in the case of the year 2001 - $5,168,000; and

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(n) in the case of the year 2002 - $5,287,000; and

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(o) in the case of the year 2003 - $5,412,000; and

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(p) in the case of the year 2004 - $5,539,000.

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History

S 24(3) amended by No 150 of 2003, s 3 and Sch 2 item 5, by substituting ``$5,539,000'' for ``$5,402,000'' in para (p), effective 1 January 2004.

S 24(3) amended by No 87 of 2003, s 3 and Sch 1 item 4, by substituting para (o), effective 23 September 2003. Para (o) formerly read:

(o) in the case of the year 2003 - $5,402,000; and

S 24(3) amended by No 87 of 2002, s 3 and Sch 1 item 5, by substituting paras (o) and (p), effective 21 October 2002. Paras (o) and (p) formerly read:

(o) in the case of the year 2003 - $5,287,000; and

(p) in the case of the year 2004 - $5,287,000.

S 24(3) amended by No 78 of 2002, s 3 and Sch 1 item 6, by substituting paras (n), (o) and (p) for paras (n) and (o), effective 8 October 2002. Paras (n) and (o) formerly read:

(n) in the case of the year 2002 - $5,281,000; and

(o) in the case of the year 2003 - $5,281,000.

S 24(3) amended by No 86 of 2001, s 3 and Sch 2 item 8, by substituting paras (n) and (o) for para (n), effective 18 July 2001. Para (n) formerly read:

(n) for the year 2002 - $5,168,000.

S 24(3) amended by No 130 of 2000, s 3 and Sch 1 items 13 and 14, by substituting $5,168,000 for $5,058,000 in para (m) and inserting para (n), effective 13 November 2000.

S 24(3) amended by No 158 of 1999, s 3 and Sch 1 item 7, by substituting paras (l) and (m) for para (l), effective 8 December 1999. Paragraph (l) formerly read:

(l) in the case of the year 2000 - $4,972,000.

S 24(3) amended by No 112 of 1998, s 3 and Sch 1 item 8, by substituting para (j) and inserting para (k) and (l), effective 8 December 1998. Para (j) formerly read:

(j) in the case of the year 1998 - $4,895,000.

24(4)

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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.

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