Document ID: chunk:federal_register_of_legislation:F2022N00277:clause:1_7
Version: federal_register_of_legislation:F2022N00277
Segment Type: clause
Provision Reference: sch 1 cl 7
Character Range: 4070–4899

7  Rollover of ISSP grant
  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 its ISSP grant; and
          (b)    $26,924.23 is the amount of the unspent amount of the ISSP grant.
Note 1: If section 38-40 is determined to apply to the University of Adelaide 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 the University of Adelaide may be deducted from a future amount payable or recovered as a debt due to the Commonwealth.