Document ID: chunk:federal_register_of_legislation:C2024C00865:section:67
Version: federal_register_of_legislation:C2024C00865
Segment Type: section
Provision Reference: s 67
Character Range: 88536–89780

67  Capital funding

Capital funding for capital grants authorities
 (1) The Minister may, in writing, determine an amount of financial assistance that is payable under this Division to a State or Territory for a year for a capital grants authority for a school (including a capital grants authority that is also a block grant authority for the school) if the Minister is satisfied that the financial assistance is required for capital expenditure by the capital grants authority in relation to the school.

Capital funding for block grant authorities
 (2) The Minister may, in writing, determine an amount of financial assistance that is payable under this Division to a State or Territory for a year for a block grant authority for a school if the Minister is satisfied that the financial assistance is required for capital expenditure by the block grant authority in relation to the school.
Note 1: There is a limit on the total amount that can be determined for block grant authorities for a year (see section 68).
Note 2: Financial assistance provided for a block grant authority is appropriated by section 126.

Determinations not legislative instruments
 (3) A determination under subsection (1) or (2) is not a legislative instrument.