New Zealand Legislation: Acts

159M Restrictions on design of funding mechanisms

• In determining a design for a funding mechanism under section 159L, the Minister may not—

  • (a) identify a specified organisation or organisations to which funding is to be provided or denied under any funding mechanism; or

  • (b) specify conditions under section 159L(3)(d) that set limits on the fees that organisations may charge domestic students until 2 months after the date on which the Minister has published a notice in the Gazette that—

    • (i) states that the Minister proposes to specify conditions of that kind; and

    • (ii) sets out the proposed conditions; and

    • (iii) invites submissions on the proposed conditions; and

    • (iv) specifies the date by which submissions must be received, which must be a date no later than 21 days after the date of the Gazette notice.

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