Document ID: chunk:federal_register_of_legislation:C2016C00447:section:84
Version: federal_register_of_legislation:C2016C00447
Segment Type: section
Provision Reference: s 84
Character Range: 102648–103908

84  Capital expenditure—funding determination
 (1) The Minister may make a determination authorising payment of financial assistance to a State for:
 (a) capital expenditure for a program year in connection with:
 (i) a non‑government school in the State; or
 (ii) a group (or groups) of non‑government schools in the State; or
 (b) capital expenditure for a program year in connection with block grant authorities and non‑government schools in the State.
 (2) The sum of the amounts paid to the States under subsection (1) for a program year must not exceed the amount worked out using the formula:

where:
base assistance amount, for a program year, means:
 (a) if the regulations specify an amount under subsection (3) for the program year—that amount; or
 (b) otherwise:
 (i) in the case of the 2009 program year—$128,712,000; or
 (ii) in the case of a later program year—the amount worked out under this subsection for the previous program year.
 (3) For the purposes of subsection (2), the regulations may specify an amount to be the base assistance amount for a program year.
 (4) If the amount worked out under subsection (2) for a program year is not a multiple of $1,000, the amount is to be rounded to the nearest $1,000 (rounding $500 upwards).