Commonwealth Numbered Acts

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AUSTRALIAN EDUCATION ACT 2013 (NO. 67, 2013) - SECT 62

Transitional recurrent funding for special schools and special assistance schools for 2014

             (1)  This section applies if:

                     (a)  on 1 January 2014, an approved authority is approved only in relation to one or more special schools or special assistance schools; and

                     (b)  section 59 does not apply in relation to the approved authority.

Old per student amount payable

             (2)  The amount payable under this Division to a State or Territory for the approved authority for 2014 is worked out using the following formula:

                  

When amounts are worked out under section 32

             (3)  The amount of financial assistance that is payable under this Part to a State or Territory is worked out under section 32 for each of the approved authority's schools for 2015 and each later year.

             (4)  To avoid doubt, subsection (3) applies in relation to a school even if the approved authority does not become approved for the school or a location of the school until after 1 January 2014.



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