Education Act 1989

  • repealed
  • Education Act 1989: repealed, on 1 August 2020, by section 669(3)(b) of the Education and Training Act 2020 (2020 No 38).

Expiry of funding approval

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

159YE Expiry of funding approval

(1)

Every plan that has funding approval must specify the date on which funding approval expires (the expiry date), which must be a date determined by the Commission that is no later than 3 years after the date on which the funding approval takes effect.

(2)

Funding approval expires on the expiry date, unless funding approval is earlier revoked or withdrawn under this Part.

(3)

Despite subsection (2), if, on the expiry date, an organisation is discussing a proposed plan with the Commission or the proposed plan is awaiting funding approval under this Part, the funding approval for the existing plan continues in effect until the earlier of the following dates:

(a)

the date that is 6 months after the expiry date of the existing funding approval; or

(b)

the date that funding approval for the proposed plan comes into effect.

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

Section 159YE(2): amended, on 30 March 2018, by section 16 of the Education (Tertiary Education and Other Matters) Amendment Act 2018 (2018 No 6).