159YA Commission’s assessment of proposed plans, giving of funding approval, and payment of funding

(1)

The Commission must assess whether a proposed plan will receive funding approval by applying the assessment criteria prescribed under section 159Y.

(2)

After applying the assessment criteria, the Commission may decide to—

(a)

fund (in whole or in part) all of the tertiary education programmes and activities described in the proposed plan under section 159P(d)(i) and (ii) in relation to which funding is sought; or

(b)

fund (in whole or in part) some of the tertiary education programmes and activities described in the proposed plan under section 159P(d)(i) and (ii) in relation to which funding is sought; or

(c)

not fund any of the tertiary education programmes or activities described in the proposed plan under section 159P(d)(i) and (ii) in relation to which funding is sought.

(3)

Before deciding not to fund some or any, or part of some or any, of the tertiary education programmes or activities described in the proposed plan under section 159P(d)(i) and (ii) in relation to which funding is sought, the Commission must—

(a)

notify the organisation of its proposed decision; and

(b)

give the organisation a reasonable opportunity to be heard.

(4)

The Commission must give its reasons to the affected organisation if it decides not to fund some or any, or part of some or any, of the tertiary education programmes or activities described in the proposed plan under section 159P(d)(i) and (ii) in relation to which funding is sought.

(5)

In deciding to give funding approval, the Commission must—

(a)

specify the date from which that funding approval has effect; and

(b)

determine the amount of funding payable to the organisation by applying the appropriate funding mechanism; and

(c)

arrange for the payment to the organisation of the amount of funding determined under paragraph (b).

Section 159YA: inserted, on 1 January 2008, by section 20 of the Education (Tertiary Reforms) Amendment Act 2007 (2007 No 106).