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

18   Subsection 25(3)

Repeal the subsection, substitute:

(3) Financial assistance is granted to an institution under subsection (1) in respect of a year on the condition that:

(a) the sum of the amounts spent by the institution for the purpose of the review and research referred to in subsection (1) in the institution in respect of that year;

is not less than:

(b) the sum of the amounts of financial assistance paid to the institution under subsection (1) in respect of that year.