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SCHOOLS ASSISTANCE (LEARNING TOGETHER--ACHIEVEMENT THROUGH CHOICE AND OPPORTUNITY) ACT 2004 - SECT 124

Recurrent grants--general

  (1)   Each of the following amounts (the recurrent amount ):

  (a)   an amount in the table in Schedule   7 for a program year;

  (b)   an amount in the table in Part   1 of Schedule   8 for a program year;

  (c)   an amount in the table in Part   2 of Schedule   8 for a program year;

  (ca)   an amount in the table in Part   3 of Schedule   8 for a program year;

  (d)   an amount in column 2, 4 or 6 of the table in Part   1 of Schedule   9 for a program year;

  (e)   an amount in the table in Part   2 of Schedule   9 for a program year;

is replaced for the program year by the amount worked out using the formula:

where:

"recurrent number for the program year" means:

  (a)   1; or

  (b)   if the regulations set out another number for the program year--that other number.

  (2)   If an amount worked out under paragraph   ( 1)(a), (b) or (d) is not a multiple of $1,000, the amount is to be rounded to the nearest $1,000 (rounding $500 upwards).

  (3)   If an amount worked out under paragraph   ( 1)(c) or (e) is an amount of dollars and cents, the amount is to be rounded to the next higher dollar.

  (4)   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.



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