Higher Education Funding Act 1988
23CLimit on total funds available for certain grants
Start here
Get a plain-English read of 23C
Turn the raw legal text into a practical explanation grounded in Higher Education Funding Act 1988.
23C Limit on total funds available for certain grants
(1) In any year, the total of: (a) the amount determined by the Minister under section 21 (Proposals and grants for projects of national priority etc.); and (b) the amounts determined by the Minister under section 21B (Grants in relation to innovation in or the quality of higher education); and (c) the amounts determined by the Minister under section 22 (Promotion of equality of opportunity); and (d) the amounts determined by the Minister under section 23 (Special research assistance); and (e) the amounts determined by the Minister under section 23A (Grants for advanced engineering centres); and (f) the amounts determined by the Minister under section 23BA (Grants for co‑operative multimedia centres); must not exceed the consolidated amount prescribed for that year. (2) For the purposes of subsection (1), the following consolidated amounts are prescribed: (a) for the year 1994—$431,919,000; and (b) for the year 1995—$432,147,000; and (c) for the year 1996—$496,250,000; and (d) for the year 1997—$477,793,000; and (e) for the year 1998—$481,163,000; and (g) for the year 1999—$461,839,000; and (h) for the year 2000—$472,820,000; and (i) for the year 2001—$977,318,000; and (j) for the year 2002—$1,065,435,000; and (k) for the year 2003—$1,121,399,000; and (l) for the year 2004—$1,077,028,000.