26Further recurrent grants in relation to advanced education

26 Further recurrent grants in relation to advanced education

(1) Subject to subsection (2), there is payable to a State, for the purpose of financial assistance in relation to the expenditure of a relevant college of advanced education that is situated in that State for college purposes in respect of the year 1982, such amount or amounts as the Minister, after having regard to the advice of the Commission, determines. (2) The total of the amounts payable under subsection (1) in relation to relevant colleges of advanced education in respect of the year 1982 shall not exceed the amount specified in Part V of Schedule 8. (3) Financial assistance is granted to a State under subsection (1) in relation to a relevant college of advanced education in respect of the year 1982 on the same conditions as would, under subsection 15(2), have applied to that grant of financial assistance if the amounts paid under subsection (1) of this section had been paid under subsection 15(1). (4) Where a determination is made under subsection 5(5) relating to the provision of a course of advanced education at a relevant college of advanced education, any expenditure in connection with preparation for the introduction of the course (not being expenditure incurred for the purpose of making a further submission to the Commission concerning the course) or, if the course has been introduced at the college, in connection with the provision of the course, that is incurred by the college while the determination is in force, shall not be treated as expenditure by the college for college purposes in the application of the conditions referred to in subsection (3) to and in relation to financial assistance granted to a State in relation to the college. (5) In determining, for the purposes of the conditions referred to in subsection (3), the amount expended by a relevant college of advanced education for college purposes in respect of the year 1982, where the total expenditure incurred by the college in connection with the provision, in respect of that year, of courses of continuing education provided in accordance with a program of continuing education approved by the responsible authority for the State in which the college is situated exceeds the greater of $50,000 and an amount equal to 1% of the aggregate of the amounts paid to the State in relation to the college under subsection (1), an amount equal to the greater of those amounts shall be treated as the total amount of expenditure so incurred. (6) In this section, relevant college of advanced education means a college of advanced education that was listed in Column 1 of Part 1 of Schedule 8 to the States Grants (Tertiary Education Assistance) Act 1978 immediately before the commencement of this Act but that was not, on 26 November 1981, listed in Column 1 of Part 1 of Schedule 8 to this Act or in Column 2 of Part 1 of Schedule 17 to this Act.