35Requirement relating to financial assistance and financial operations—government schools

35 Requirement relating to financial assistance and financial operations—government schools

(1) An approved authority for government schools located in a State or Territory must give the Secretary a report for each year that includes the following: (a) the total amount of financial assistance paid in accordance with the Act that is allocated by the authority to the schools for the year; (b) for each school—the amount of financial assistance paid in accordance with the Act that is allocated by the authority to the school for the year; (c) for each school—the amount of financial assistance paid in accordance with the Act and allocated by the authority to the school because the circumstances mentioned in Schedule 1 applied in relation to the school for the year; (d) for each school—information showing how the amount mentioned in paragraph (b) was determined in accordance with the authority’s needs‑based funding arrangement; (e) the total amount of financial assistance paid in accordance with the Act to the authority that is not allocated by the authority to the schools.

Note: For paragraph (d), see subsection 78(3) of the Act in relation to needs‑based funding arrangements for approved authorities for more than one school.

(2) Despite subsection (1), an approved authority is not required to include the information mentioned in paragraph (1)(c) in a report for a year if the Minister has not requested, in writing, the approved authority to do so in relation to that year. (3) The report must be prepared by: (a) the Auditor‑General of the State or Territory; or (b) an independent third party agreed to in writing by the Minister; or (c) the Chief Executive Officer (however described) of the approved authority; or (d) the Chief Financial Officer (however described) of the approved authority. (4) The report must be given to the Secretary: (a) no later than a day or days (if any) determined in writing by the Minister; and (b) in a way or ways (if any) determined in writing by the Minister.