Commonwealth Numbered Acts

STATES GRANTS (TERTIARY EDUCATION ASSISTANCE) AMENDMENT ACT 1980 No. 96, 1980 - SECT 6

6. After section 11B of the Principal Act the following section is inserted:
Additional grants in respect of cost increases for major building projects of
Universities for 1980

"11C. (1) Where, by reason of increases in the cost of an approved building
project of a University, the expenditure on that project in respect of the
year 1980 exceeds, or appears to the Minister likely to exceed, the amount of
the approved expenditure on that project in respect of that year, there is
payable to the State in which the University is situated, for the purpose of
financial assistance in relation to that project, in addition to the amount
payable in respect of the project under section 11B, such amount as the
Minister determines for the purposes of this section, not exceeding the amount
of the excess or likely excess.



"(2) The total of the amounts payable to the States under sub-section (1)
shall not exceed the amount specified in Part VIII of Schedule 7A.



"(3) Sub-section 11B (6) applies to a grant of financial assistance under this
section as if that grant were a grant of financial assistance under section
11B.



"(4) In this section-

   (a)  a reference to an approved building project of a University shall be
        read as a reference to-

        (i)    a building project specified in column 2 of Part I of Schedule
               7A in relation to the University; or

        (ii)   a building project of the University approved by the Minister
               under paragraph 4 (1) (a) as an approved building project of
               the University in respect of the year 1980; and

   (b)  a reference to the amount of the approved expenditure on a project in
        respect of the year 1980 shall be read as a reference to-

        (i)    where the project is a building project specified in column 2
               of Part I of Schedule 7A in relation to a University-the amount
               specified in column 4 of Part I of that Schedule in relation to
               that project; or

        (ii)   where the project is a building project of a University
               approved by the Minister under paragraph 4 (1) (a)-the amount
               of expenditure approved by the Minister under sub-section 4 (3)
               as the amount of the approved expenditure on the project in
               respect of the year 1980.".