Document ID: chunk:federal_register_of_legislation:C2016C00447:section:23
Version: federal_register_of_legislation:C2016C00447
Segment Type: section
Provision Reference: s 23
Character Range: 49064–50130

23  Funding agreements—acquittal of grants
 (1) A funding agreement must require the relevant authority for the non‑government school, or other non‑government body:
 (a) to give the Secretary of the Department a certificate by a qualified accountant stating whether an amount equal to the sum of the amounts mentioned in subsection 16(1) (purpose of grants) has been spent (or committed to be spent) for the program year for the purposes mentioned in that subsection; and
 (b) to give the Secretary of the Department the certificate on or before 30 June next following the program year concerned, or another day allowed by the Minister.
 (2) In this section:
qualified accountant means:
 (a) a qualified accountant within the meaning of the Corporations Act 2001; or
 (b) a person registered (or taken to be registered) as a company auditor under the Corporations Act 2001; or
 (c) a person approved by the Minister as a qualified accountant under subsection (3).
 (3) The Minister may approve a person as a qualified accountant for the purposes of subsection (2).