Document ID: chunk:federal_register_of_legislation:F2021C01177:clause:1_6
Version: federal_register_of_legislation:F2021C01177
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 8270–9543

6  Rollover of other 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 a higher education provider specified in column 2 of the table in respect of the grant specified in column 3 of the table;
 (b) the amount specified in column 4 of the table is the amount of the unspent amount of the grant specified in column 3 of the table.

Column 1  Column 2                    Column 3                  Column 4
Item      Higher education provider   Grant                     Amount of unspent amount of grant
1.        University of New England   2020 ISSP rollover grant  $21,675
2.        University of Newcastle     2020 ISSP rollover grant  $50,000

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: 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.