Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A higher education provider that is a * Table A provider or a * Table B provider must, in respect of each year for which a grant is paid to the provider under this Act, enter into a mission based compact with the Commonwealth for a period that includes that year.
(2) The Minister may, on behalf of the Commonwealth, enter into a mission based compact with a * Table A provider or a * Table B provider.
(3) The mission based compact must include:
(a) a statement of the provider's mission; and
(b) a statement of the provider's strategies for teaching and learning; and
(c) a statement of the provider's strategies for:
(i) undertaking research; and
(ii) research training; and
(iii) innovation; and
(d) a statement of the provider's strategies for engaging with industry; and
(e) a statement of the provider's strategies for improving equality of opportunity in higher education.
Note: A mission based compact may include other matters.
(4) The * Secretary must cause a copy of each mission based compact to be published on the Department's website within 28 days after the making of the compact.