Commonwealth Numbered Acts

HIGHER EDUCATION FUNDING AMENDMENT ACT (No. 2) 1992 No. 158 of 1992 - SECT 65

65. After section 22 of the Principal Act the following section is inserted:
Grants to open learning organisations

"22A.(1) The Minister may approve a proposal for expenditure by an open
learning organisation for purposes connected with the provision of tertiary
courses and units of study.

"(2) If the Minister has approved a proposal for expenditure under subsection
(1) in relation to an open learning organisation, the Minister may approve a
proposal for expenditure by all or any of the following:

   (a)  the organisation;

   (b)  an institution;

   (c)  another incorporated body; for the purpose of providing teaching and
        learning assistance to clients of the organisation in undertaking
        their courses or units of study.

"(3) If the Minister approves a proposal under subsection (1) or (2), the
Minister must determine an amount of approved expenditure in respect of the
proposal in respect of each of the years 1993, 1994 and 1995.

"(4) There is payable to an open learning organisation under subsection (1) or
to an open learning organisation, institution or other body under subsection
(2) an amount equal to the approved expenditure determined by the Minister
under subsection (3) in respect of that agency or that organisation,
institution or other body, as the case requires.

"(5) The total of the amounts of approved expenditure determined by the
Minister under subsection (3) in respect of proposals approved under
subsections (1) and (2) must not exceed:

   (a)  for the year 1993 - $26,458,000; and

   (b)  for the year 1994 - $16,879,000; and

   (c)  for the year 1995 - $2,942,000.

"(6) Financial assistance is granted to an open learning organisation in
respect of a proposal approved under subsection (1) on condition that the
organisation enter into an agreement with the Commonwealth that sets out the
terms on which money is provided by the Commonwealth and accepted by the
organisation.

"(7) Financial assistance is granted to an open learning organisation,
institution or other body in respect of a proposal approved under subsection
(2) on condition that the organisation, institution or other body enter into
an agreement with the Commonwealth setting out the terms on which money is
provided by the Commonwealth and accepted by the organisation, institution or
other body.".