22Conditions of financial assistance—implementing national policy initiatives and agreements relating to school education

22 Conditions of financial assistance—implementing national policy initiatives and agreements relating to school education

(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 an agreement that satisfies all of the following: (i) the Commonwealth and one or more States or Territories are parties to the agreement; (ii) it is open to any State or Territory to become a party to the agreement; (iii) the agreement relates 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).