Document ID: chunk:federal_register_of_legislation:F2024C01213:clause:1_5
Version: federal_register_of_legislation:F2024C01213
Segment Type: clause
Provision Reference: sch 1 cl 5
Character Range: 137975–139230

5  Amounts payable

Total amount of funding for 2018
 (1) For the purposes of paragraph 69A(4)(a) of the Act, the total of the amounts determined by the Minister for 2018 in relation to the circumstances mentioned in clause 4 is the sum of the total amounts determined by the Minister under subclause (2).

Maximum amount of funding for a particular school for 2018
 (2) For the purposes of paragraph 69A(2)(b) of the Act, the total of the amounts determined by the Minister for a school for 2018, in relation to the circumstances mentioned in clause 4, must not exceed the difference between:
 (a) the amount payable under section 32 of the Act for the school for that year; and
 (b) the amount worked out using the following formula:

 (3) In this Division:
2017 recurrent funding for an approved authority means the amount worked out under subsection 35B(3) of the Act for the approved authority.
per‑student amount for a school for 2017 means:
 (a) if the school is specified in column 1 of an item in the table in clause 1 of Schedule 2—the amount specified in column 2 of the item; or
 (b) otherwise—the 2017 recurrent funding for the school's approved authority divided by the number of students at the schools of the approved authority for 2017.