Commonwealth Consolidated Acts

HIGHER EDUCATION FUNDING ACT 1988 - SECT 27C

    Financial assistance is granted to an institution under section   27A in relation to a special capital project of an institution in respect of a year on the conditions that:

  (a)   the sum of the amounts spent by the institution in relation to work carried out before the end of that year in connection with the project will be not less than the sum of the amounts paid to the institution in relation to the project under this Chapter; and

  (b)   the institution will provide information relating to the project to the Minister in accordance with any relevant direction under subsection   27A(7); and

  (c)   the project will be carried out in accordance with any relevant direction under section   27B; and

  (d)   if the Minister so requests, the institution will give to the Minister, by such date as the Minister specifies, such particulars as are specified by the Minister concerning the progress or expected progress of the work or matter constituting the project.