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Training Guarantee (Administration) Amendment Act 1994

No. 57 of 1994

TABLE OF PROVISIONS

Section

  1. Short title etc.
  2. Commencement
  3. Interpretation
  4. Insertion of new section:
       4AA. Interpretation—meaning of "business group"
  5. Interpretation—meaning of "minimum allowable apprentice or trainee amount"
  6. Election by members of business group
  7. Insertion of new section:
       14A. Training guarantee excess
  8. Insertion of new sections:
       15A. Carry forward of training guarantee excess
       15B. Employer may elect to postpone training guarantee shortfall
       15C. Effect of election by employer group to postpone training guarantee shortfall
       15D. Effect of election by employer other than employer group
  9. Exemption for outstanding trainers
 10. Meaning of net eligible training expenditure
 11. Examples of eligible training expenditure

TABLE OF PROVISIONS—continued

Section

 12. Insertion of new section:
              26A. Eligible training expenditure consisting of depreciation in respect of certain property
 13. Meaning of eligible training program
      14. Meaning of eligible training program—work experience etc. for students and teachers
 15. Annual training guarantee statements
 16. Requirements for training guarantee statement
 17. Insertion of new section:
              42A. Further training guarantee statement about postponed training guarantee shortfall
 18. Liquidators etc.
 19. Failure to provide statements or information
 20. Application of amendments

Training Guarantee (Administration)
Amendment Act 1994

No. 57 of 1994

An Act to amend the Training Guarantee (Administration)
Act 1990, and for related purposes

  The Parliament of Australia enacts:

[Assented to 7 April 1994]

Short title etc.

1.(1) This Act may be cited as the Training Guarantee (Administration) Amendment Act 1994.

(2) In this Act, "Principal Act" means the Training Guarantee (Administration) Act 19901.

Commencement

  2. This Act commences on the day on which it receives the Royal Assent.

Interpretation

  3. Section 4 of the Principal Act is amended:

    (a) by omitting "25 and 26" from the definition of "eligible training expenditure" and substituting "25, 26 and 26A";

    (b) by inserting "a subsidy or" after "include" in the definition of "reimbursement";

    (c) by omitting the definition of "training guarantee shortfall" and substituting the following definition:

     " 'training guarantee shortfall' has the meaning given by sections 14 and 15C;

    Note: Sections 15A and 15D provide for a training guarantee shortfall to be reduced in certain cases.";

  (d) by inserting the following definitions:

     " 'business group' has the meaning given by section 4AA;

    'employer group', in relation to a year, means 2 or more entities in relation to which this Act applies, because of paragraph 12(3)(a), as if the entities were a single employer during that year;

     'entity' means a person as defined by:

      (a) the definition of 'person' in this section; and

      (b) section 11A;

    but does not include a body politic;

     'training guarantee excess' has the meaning given by section 14A;

    Note: Sections