Document ID: chunk:federal_register_of_legislation:F2024C01213:reg:12
Version: federal_register_of_legislation:F2024C01213
Segment Type: reg
Provision Reference: reg 12
Character Range: 34314–35995

12  Pro‑rating of recurrent funding
 (1) For the purposes of section 27 of the Act, the total entitlement is to be determined in accordance with this section for a year if one or more of the following events occurs during the year:
 (a) no student receives primary education or secondary education at a school, or at a location of a school, during a part of the year (except school holidays);
 (b) a school becomes entitled to financial assistance under Part 3 of the Act;
 (c) a school ceases to be entitled to financial assistance under Part 3 of the Act.
 (2) The amount of financial assistance that is to be determined in relation to the school for the year is the lesser of:
 (a) the amount the Minister considers appropriate; and
 (b) the full amount of financial assistance.
 (3) In deciding an appropriate amount for the purposes of paragraph (2)(a), the Minister must have regard to the following:
 (a) the proportion of the school year during which the school was providing education or was entitled to financial assistance under Part 3 of the Act;
 (b) the time during the school year when the school began or ceased to provide education or be entitled to financial assistance under Part 3 of the Act;
 (c) in the case of a school that has ceased to provide education or be entitled to financial assistance under Part 3 of the Act—the amount of any financial assistance that has already been paid for the school for the year in accordance with determinations under subsection 25(1) of the Act.
 (4) Subsection (3) does not limit the matters to which the Minister may have regard.

Part 3—Recurrent funding for schools

Division 1—Matters related to the funding formula