Document ID: chunk:federal_register_of_legislation:F2021N00080:clause:1_5
Version: federal_register_of_legislation:F2021N00080
Segment Type: clause
Provision Reference: sch 1 cl 5
Character Range: 1823–2934

5  Rollover of grant amounts
    For the purposes of subsection 38-40(1) of the Act, the following is determined under subsection 38-40(3) of the Act:
 (a) section 38-40 applies to the University of Adelaide in respect of the ISSP grant; and
 (b) $10,603.48 is the amount of the unspent amount of the ISSP grant.
Note 1: If section 38-40 is determined to apply to a higher education provider in respect of a grant, then the effect of subsection 38‑40(1) of the Act is to rollover the amount of the unspent amount of the grant that is determined to the next following year as a new grant under Part 2-2A of the Act.
Note 2: Section 164-15 of the Act provides that an overpayment of an amount made to a higher education provider may be deducted from a future amount payable or recovered as a debt due to the Commonwealth.
Note 3: This instrument operates in addition to, and does not affect the amount of the unspent amount of the ISSP grant determined in relation to the University of Adelaide in, the Higher Education Support (Indigenous Student Success Program)(Rollover of Grant Amounts) Determination 2021.