11Recurrent grants in respect of student residences and affiliated colleges

11 Recurrent grants in respect of student residences and affiliated colleges

(1) The Minister shall, for the purposes of this section, determine principles for calculating the amount of financial assistance that is payable to each State in respect of each student residence, or affiliated college, of a university situated in that State in respect of a year to which this Act applies, and may vary or revoke any determination so made. (2) Subject to subsection (3), there is payable to each State, for the purpose of financial assistance in relation to a student residence, or an affiliated college, of a university situated in that State, in respect of a year to which this Act applies, such amount as the Commission determines, in accordance with a determination made by the Minister under subsection (1) that is in force, to be the amount of financial assistance that is payable in respect of that student residence or affiliated college in respect of that year. (3) The total of the amounts payable under subsection (2) in respect of all student residences, and affiliated colleges, of universities shall not exceed:

(a) in respect of the year 1982—$4,070,000;

(b) in respect of the year 1983—$4,450,000; or

(c) in respect of the year 1984—$3,613,000.

(4) Financial assistance is granted to a State under this section in relation to a student residence or affiliated college of a university in respect of a year to which this Act applies on the conditions that:

(a) the State will pay each amount of that financial assistance received by it to the university or to the body administering the student residence or affiliated college without undue delay;

(b) the State will ensure that the amount expended by the university or other body administering the student residence or affiliated college, for the provision of tutorial assistance to students of, and for meeting the administrative costs of, the student residence or affiliated college in respect of that year is not less than the sum of the amounts of financial assistance paid to the State under this section in relation to that student residence or affiliated college in respect of that year; and

(c) the State will ensure that the university or other body administering the student residence or affiliated college furnishes to the Commission, not later than 30 September next following the expiration of that year, a statement by a qualified auditor, in accordance with a form approved by the Commission, as to the expenditure of the university or other body for the provision of the tutorial assistance, and for meeting the administrative costs, referred to in paragraph (b).

(5) This section does not apply in relation to a student residence or affiliated college that does not provide collegiate accommodation. (6) In this section: