Document ID: chunk:federal_register_of_legislation:F2019N00026:clause:1_5
Version: federal_register_of_legislation:F2019N00026
Segment Type: clause
Provision Reference: sch 1 cl 5
Character Range: 1855–4067

5  Rollover of ISSP 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 following higher education providers in respect of the ISSP grant:
 (i) Australian Catholic University;
 (ii) Charles Sturt University;
 (iii) Flinders University of South Australia;
 (iv) Queensland University of Technology;
 (v) Southern Cross University;
 (vi) Swinburne University of Technology;
 (vii) University of Canberra;
 (viii)   University of Newcastle;
 (ix) University of New England; and
 (x) University of South Australia.

 (b) the amount specified in column 3 of the table is the amount of the unspent amount of the ISSP grant of a higher education provider specified in column 2 of the table.

Column 1  Column 2                                Column 3
Item      Higher education provider               Amount of unspent amount of ISSP grant
1.        Australian Catholic University          $300,000
2.        Charles Sturt University                $400,000
3.        Flinders University of South Australia  $137,798
4.        Queensland University of Technology     $195,000
5.        Southern Cross University               $374,085
6.        Swinburne University of Technology      $40,000
7.        University of Canberra                  $200,000
8.        University of Newcastle                 $208,610
9.        University of New England               $132,500
10.       University of South Australia           $46,000

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: The ISSP rollover grant amount for a higher education provider listed in paragraph (a) is the amount specified in column 3 of the table for the provider.
Note 3: 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.