sec.425AExchange of school’s financial information

sec.425A Exchange of school’s financial information

A relevant entity may enter into an arrangement (an information-sharing arrangement ) with another relevant entity for the purpose of sharing or exchanging financial information about a school— held by 1 of the relevant entities; or to which 1 of the relevant entities has access. An information-sharing arrangement may relate only to financial information that assists 1 or both of the relevant entities perform the relevant entity’s functions. Under an information-sharing arrangement, each relevant entity is, despite any other Act or law, authorised to ask for and receive financial information held by the other relevant entity to the arrangement or to which the other relevant entity has access. In this section— financial information includes— financial data for a non-State school in receipt of subsidy; and allowance acquittal details for a non-State school. relevant entity means— the Minister; or the chief executive; or the board. s 425A ins 2017 No. 24 s 225 (sec.425A-ssec.1) A relevant entity may enter into an arrangement (an information-sharing arrangement ) with another relevant entity for the purpose of sharing or exchanging financial information about a school— held by 1 of the relevant entities; or to which 1 of the relevant entities has access. (sec.425A-ssec.2) An information-sharing arrangement may relate only to financial information that assists 1 or both of the relevant entities perform the relevant entity’s functions. (sec.425A-ssec.3) Under an information-sharing arrangement, each relevant entity is, despite any other Act or law, authorised to ask for and receive financial information held by the other relevant entity to the arrangement or to which the other relevant entity has access. (sec.425A-ssec.4) In this section— financial information includes— financial data for a non-State school in receipt of subsidy; and allowance acquittal details for a non-State school. relevant entity means— the Minister; or the chief executive; or the board.

• (a) held by 1 of the relevant entities; or
• (b) to which 1 of the relevant entities has access.
• (a) financial data for a non-State school in receipt of subsidy; and
• (b) allowance acquittal details for a non-State school.
• (a) the Minister; or
• (b) the chief executive; or
• (c) the board.