(1) The Minister may, on behalf of the Commonwealth, make an agreement with an education provider that does one or more of the following:
(a) authorises the making of one or more payments to the provider for its recurrent expenditure in one or more specified funding years that is for the purpose of advancing the objects of this Act;
(b) authorises the making of one or more payments to the provider for one or more specified ABSTUDY approved courses that are run by the provider in one or more specified funding years;
(c) authorises the making of one or more payments to the provider, or to another person or body, for one or more specified projects whose purpose is to advance the objects of this Act.
Amount of payments for recurrent expenditure
(2) The amount or amounts of the one or more payments for recurrent expenditure for each funding year covered by the agreement must be:
(a) specified in the agreement; or
(b) worked out in accordance with the agreement.
Amount of payments for ABSTUDY approved courses
(3) The amount or amounts of the one or more payments for each ABSTUDY approved course covered by the agreement must be:
(a) specified in the agreement; or
(b) worked out in accordance with the agreement.
Amount of payments for particular projects
(4) The amount or amounts of the one or more payments for each project covered by the agreement must be:
(a) specified in the agreement; or
(b) worked out in accordance with the agreement.
Notice in Gazette
(5) The Minister must, by notice in the Gazette , publish details of any agreement made under this section.