Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The following payments of financial assistance are subject to the conditions in this section:
(a) a payment under Division 2 of Part 3 (funding formula for schools) to a State or Territory for a non - government school;
(c) a payment under Division 2 of Part 5 (capital funding) to a State or Territory for a capital grants authority for a non - government school, or a block grant authority;
(d) a payment under Division 3 of Part 5 (other funding for schools) to a State or Territory for a non - government school;
(e) a payment under Division 4 of Part 5 (funding for non - government representative body) to a State or Territory for a non - government representative body for a non - government school.
Note: For the consequences of failing to comply with this section, see Division 2 of Part 8.
Payment to be made to relevant authority or body
(2) The State or Territory is required:
(a) to pay to the approved authority for a school each payment referred to in paragraph (1)(a) or (d) that is paid to the State or Territory for the school; and
(c) to pay to the capital grants authority or block grant authority for a school each payment referred to in paragraph (1)(c) that is paid to the State or Territory for the authority; and
(d) to pay to the non - government representative body for a school each payment referred to in paragraph (1)(e) that is paid to the State or Territory for the body; and
(e) when making a payment referred to in any of paragraphs (a) to (d) of this subsection, to describe the payment as a payment made out of money paid to the State or Territory by the Commonwealth.
Payment to be made as soon as practicable
(3) The State or Territory is required to make a payment referred to in subsection (1):
(a) as soon as practicable after the amount is paid to the State or Territory; or
(b) within a further period allowed by the Minister (whether the Minister allows this before or after the end of the time referred to in paragraph (a)).