Document ID: chunk:federal_register_of_legislation:F2024C01213:reg:64
Version: federal_register_of_legislation:F2024C01213
Segment Type: reg
Provision Reference: reg 64
Character Range: 127404–128151

64  Recovering capital funding when a school ceases to provide education
 (1) For the purposes of subsection 109(4) of the Act, an amount (the capital funding amount) of financial assistance, mentioned in paragraph 109(4)(a) of the Act, that is provided for a school is recoverable if:
 (a) the capital funding amount is included in column 1 of an item of the table in this subsection; and
 (b) the school ceases to provide any primary education or secondary education in the period mentioned in column 2 of that item.

When a capital funding amount may be recovered
Item                                            Column 1                  Column 2

                                                Capital funding amount    Designated use period