Commonwealth Numbered Acts

STATES GRANTS (TERTIARY EDUCATION ASSISTANCE) ACT 1978 No. 188, 1978 - SECT 43

43. Section 8 of the Principal Act is amended-

   (a)  by omitting paragraphs (b) and (c) of sub-section (4) and substituting
        the following paragraphs:

''(b) the State will ensure that the sum of the amounts expended by the
University in connection with approved proposals for expenditure by the
University in respect of the year 1978, being amounts expended before 1
January 1979 or expended on or after that date in respect of commitments
entered into before that date, is not less than the sum of the amounts of
financial assistance paid to the State under this section in relation to the
University; and

''(c) the State will ensure that the University furnishes to the Commission,
not later than 30 September 1979, a statement by a qualified auditor, in
accordance with a form approved by the Commission, as to the expenditure by
the University in respect of the year 1978, being expenditure that occurred
before 1 January 1979 or that occurred on or after that date in respect of
commitments entered into before that date.'';

   (b)  by omitting sub-section (5) and substituting the following
        sub-section:

''(5) Financial assistance to a State under this section in relation to a
University specified in Column 1 of Schedule 5 is granted on the further
condition that the State will ensure that the sum of the amounts expended by
the University in connection with approved proposals for expenditure by the
University on equipment specified in Column 2 of Schedule 5 in relation to the
University in respect of the year 1978, being amounts expended before 1
January 1979 or expended on or after that date in respect of commitments
entered into before that date is not less than the amount specified in Column
3 of Schedule 5 in relation to that equipment.''; and

   (c)  by omitting sub-section (6).