Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section sets out requirements for a person for the purposes of subparagraph 83(1)(b)(i) and paragraph 88(1)(a).
Body corporate
(2) The person is a body corporate.
Not - for - profit
(3) The person is a not - for - profit organisation.
Financial viability
(4) The person is financially viable.
Fit and proper person
(5) The person is fit and proper to be a block grant authority for one or more schools.
Matters to have regard to
(6) For the purposes of determining whether a person satisfies the requirement in subsection (4), the Minister may have regard to the amount of financial assistance the person receives, or is likely to receive, from the Commonwealth, a State or a Territory.
Note: The regulations may prescribe other matters that the Minister may or must have regard to in making a decision under this section (see paragraph 130(2)(b)).
Permission from approved authority
(7) For each school specified (whether expressly or by reference to an approved authority) in an approval of a block grant authority, the block grant authority has the written permission of the approved authority for the school to receive financial assistance that is payable under Division 2 of Part 5.