Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Minister may make a determination authorising payment of financial assistance to a State to provide short term emergency assistance for a non - government school in the State for one or more program years if the Minister is satisfied that, because of any unexpected circumstance, the school:
(a) is in severe financial difficulty; and
(b) has a special need of that assistance in the program year or years.
(2) The sum of the amounts paid to the States under subsection ( 1) for a program year must not exceed the amount worked out using the formula:
where:
"base assistance amount" , for a program year, means:
(a) if the regulations specify an amount under subsection ( 3) for the program year--that amount; or
(b) otherwise:
(i) in the case of the 2009 program year--$1,057,000; or
(ii) in the case of a later program year--the amount worked out under this subsection for the previous program year.
(3) For the purposes of subsection ( 2), the regulations may specify an amount to be the base assistance amount for a program year.
(4) An amount specified under subsection ( 3) may be nil.
(5) If the amount worked out under subsection ( 2) for a program year is not a multiple of $1,000, the amount is to be rounded to the nearest $1,000 (rounding $500 upwards).