(1) The regulations may provide that an amount specified in the regulations for a program year replaces an amount in Schedule 1 for the program year.
(2) The regulations have effect according to their terms.
(3) Before the Governor - General makes regulations for the purposes of subsection ( 1), the Minister must consider changes in the relevant figures known as Average Government School Costs published by:
(a) the Ministerial Council on Education, Employment, Training and Youth Affairs; or
(b) a prescribed body that has a corresponding function.