(1) A payment of financial assistance under this Act to a State or Territory is subject to the condition that the State or Territory implements national policy initiatives for school education:
(a) agreed by the Ministerial Council from time to time; or
(b) prescribed by the regulations.
Note: Before regulations are made for the purposes of this subsection, the Minister must consult, and have regard to any relevant decisions of, the Ministerial Council (see subsection 130(5)).
(2) A payment of financial assistance under this Act to a State or Territory is also subject to the following conditions:
(a) that the State or Territory is party to a national agreement relating to school education reform;
(b) that the State or Territory is party to an agreement with the Commonwealth relating to implementation by the State or Territory of school education reform;
(c) that the State or Territory complies with the agreements mentioned in paragraphs (a) and (b).
(3) The regulations may prescribe agreements for the purposes of
paragraphs (2)(a) and (b).