Commonwealth Numbered Acts

STATES GRANTS (UNIVERSITIES ASSISTANCE) ACT 1976 No. 129, 1976 - SECT 10

10. (1) Subject to sub-sections (2) and (3), where the Commission approves a
project submitted to it by a University under section 4 as an approved project
of the University, there is payable to the State in which the University is
situated, for the purpose of financial assistance in relation to the project,
an amount equal to the amount of expenditure approved by the Commission under
sub-section 4 (3) in respect of the project.

(2) The total of the amounts payable to a State under sub-section (1) in
respect of approved projects, being projects of a kind referred to in
paragraph 4 (1) (a) or (b), of a University shall not exceed the amount
specified in Column 2 of Schedule 8 in relation to the University.

(3) The total of the amounts payable to the States under sub-section (1) in
respect of approved projects, being projects of a kind referred to in
paragraph 4 (1) (c), of all Universities shall not exceed $537,000.

(4) The financial assistance to a State by way of payment of an amount under
this section in relation to a project of a University is granted on the
conditions that-

   (a)  the State will, without undue delay, pay that amount to the
        University; and

   (b)  the State will ensure that the amount so paid to the University is
        applied by the University, without undue delay, towards the carrying
        out of that project.