sec.7Meaning of funded entity and funded product or service

sec.7 Meaning of funded entity and funded product or service

A funded entity is an entity that receives funding provided by a department to deliver a product or service. A funded product or service , in relation to a funded entity, is a product or service required to be delivered by the funded entity with funding received by the funded entity. For subsections (1) and (2) , it does not matter whether— the entity received the funding from the department or from another entity that received the funding from the department; or the entity has a funding agreement with the department about the funding; or other funds or resources are also used by the entity to deliver the product or service. s 7 amd 2008 No. 5 s 32B sub 2014 No. 12 s 7 (sec.7-ssec.1) A funded entity is an entity that receives funding provided by a department to deliver a product or service. (sec.7-ssec.2) A funded product or service , in relation to a funded entity, is a product or service required to be delivered by the funded entity with funding received by the funded entity. (sec.7-ssec.3) For subsections (1) and (2) , it does not matter whether— the entity received the funding from the department or from another entity that received the funding from the department; or the entity has a funding agreement with the department about the funding; or other funds or resources are also used by the entity to deliver the product or service.

• (a) the entity received the funding from the department or from another entity that received the funding from the department; or
• (b) the entity has a funding agreement with the department about the funding; or
• (c) other funds or resources are also used by the entity to deliver the product or service.