Higher Education Support Act 2003 - Amendment No. 4 to the Commonwealth Grant Scheme Guidelines (13/09/2005) (Cth)
Commonwealth of Australia
Higher Education Support Act 2003
COMMONWEALTH GRANT SCHEME GUIDELINES
Making of Guidelines pursuant to section 238-10 of the Higher Education Support Act 2003
I, BRENDAN NELSON, Minister for Education, Science and Training, pursuant to section 238-10 of the Higher Education Support Act 2003 ("the Act"), make the attached Commonwealth Grant Scheme Guidelines for the purposes of Part 2-2 and section 93-10 of the Act.
Dated this........................13th........................day of.............September.............2005.
_________________________________________
BRENDAN NELSON
Minister for Education, Science and Training
COMMONWEALTH OF AUSTRALIA
Higher Education Support Act 2003
GUIDELINES FOR COMMONWEALTH GRANT SCHEME
(Amendment Number 4)
(i) CITATION
These Guidelines may be cited as Amendment No. 4 to the Commonwealth Grant Scheme Guidelines.
(ii) AUTHORITY
These Guidelines are made under section 238-10 of the Higher Education Support Act 2003.
(iii) DATE OF EFFECT
Amendment No. 4 to the Commonwealth Grant Scheme Guidelines will commence when it is included on the Federal Register of Legislative Instruments.
PURPOSE
- The purpose of these guidelines is to amend the Commonwealth Grant Scheme Guidelines made on 2 June 2004 to revise the methodology for calculating regional loading and enabling loading (chapters 4 and 6) and to revise compliance arrangements for the National Governance Protocols and compliance dates for the Protocols and workplace relations requirements (chapter 7). In relation to regional loading, the amendment allows the Minister to include multi-modal EFTSL in the funding formula in the case of special circumstances. For enabling loading, the amendment clarifies the way funding will be calculated in 2006.
- The Commonwealth Grant Scheme Guidelines as amended by Amendment No. 4 to the Commonwealth Grant Scheme Guidelines are amended as follows:
ITEM 1
Replace chapter 4 with:
CHAPTER 4 REGIONAL LOADING
4.1 PURPOSE
4.1.1 The purpose of this chapter is to specify how the amount of regional loading for Commonwealth supported places under paragraph 33-5 (b) of the Act is worked out. Where the allocation of Commonwealth supported places made by the Minister under section 30-10 of the Act specifies a number of places that have a regional loading, the amount of regional loading that will be paid for Commonwealth supported places is worked out in the following way.
4.5 ELIGIBILITY
4.5.1 For the purposes of regional loading, a campus is defined as the physical location from where a course of study is delivered. It must have:
(a) regular face to face teaching – there must be academic staff present at the campus covering the teaching period; and
(b) entire courses must be delivered from the location (the bulk of units within a course leading to a higher education award must be offered at the campus location).
4.5.5 To be eligible for the regional loading, the campus (an “eligible campus”) must be located outside a mainland capital city other than Darwin and in a population centre with fewer than 250,000 people (with the exception of Wollongong).
4.5.10 Population figures are derived using the Statistical Division population figures in the Australian Bureau of Statistics (ABS) most up-to-date Regional Population Growth or equivalent publication.
4.5.15 The regional loading will be worked out on the basis of the higher education provider’s student load at each eligible campus in Commonwealth supported places in all courses leading to a higher education award (excluding research), using the student status codes listed at paragraph 4.25. The student load will be calculated for internal student load; a percentage of Commonwealth-supported external student load (in recognition that there are costs incurred at the regional campus for servicing external students - this percentage is worked out as set out at 4.20); and, for the 2006 funding year only, multi-modal load (or a proportion therefore) to be included as internal load in the case of special circumstances as set out at 4.6.
4.5.16 Overseas student load, full fee-paying domestic student load, employer reserved places and work experience in industry load are not included.
4.5.20 External students are those undertaking the external mode of attendance, where all units of study for which the student is enrolled involve special arrangements whereby lesson materials, assignments etc are delivered to the students, and any associated attendance at the higher education provider is of an incidental, irregular, special or voluntary nature.
4.5.25 Multimodal students are those undertaking the multi-modal mode of attendance, where at least one unit of study is undertaken on an internal basis and at least one unit of study is undertaken on an external basis.
4.5.30 The allocation will be based on the most recent student load data submitted by the higher education provider as part of the student statistics data collection and cleared as final by DEST.
4.6 MULTI-MODAL LOAD
4.6.1 Inclusion of some or all multi-modal load will apply only for the 2006 funding year.
4.6.5 The Minister may at his discretion approve a request for multi-modal load to be counted on the same basis as internal load if a Higher Education Provider requests this in writing on the basis of special circumstances. This request should be submitted to the Department, through the Branch Manager, Funding and Student Support Branch.
4.6.10 Special circumstances occur in cases where:
the course is coded in the student statistical data collection as multi-modal but is predominantly internal (for example, students are required to complete only one unit on-line); and
excluding the multi-modal load for the purposes of regional loading would result in a substantial loss of regional loading compared with that for 2005.
4.6.15 Where the Minister approves a request for multi-modal load to be counted on the same basis as internal load, the multi-modal load will be counted in the same manner as internal load as in 4.5.15, subject to 4.6.20.
4.6.20 If counting multimodal load on the same basis as internal load results in the provider’s proportion of internal load to total load for 2006 exceeding the proportion for 2005, the multimodal load will be reduced so that the 2006 proportion equals the 2005 proportion.
4.6.25 Any request for consideration of special circumstances must be received by DEST by 17 September 2005.
4.10 FUNDING BANDS
4.10.1 Regional loading is calculated on a campus by campus basis and will be paid for student load according to bands, established on the basis of distance of the campus from the closest mainland State capital city – more or less than 300 kms - and size of the higher education provider (not the size of the campus) – greater or less than 10,000 EFTSL, in total domestic non-fee paying enrolments at the entire higher education provider, using the student status codes listed below at 4.25.
4.10.5 The regional loading is calculated as a share of the average funding of a Commonwealth funded place under the Higher Education Funding Act 1988 (excluding HECS). In 2006 prices, the value of the average of a Commonwealth funded place is $6,976. Providers will receive a percentage of this amount depending on the regional loading band in which the regional campus falls. The loadings that will apply for the bands are as follows:
Band Location Size of Provider Loading Percentage 1 Northern Territory N/A 30% 2 Campus is more than 300 kms from nearest mainland capital city higher education provider has fewer than 10 000 Commonwealth-supported EFTSL 7.5% 3 Campus is more than 300 kms from nearest mainland capital city higher education provider has 10 000 or more Commonwealth-supported EFTSL 5.0% OR Campus is less than 300 kms from nearest mainland capital city higher education provider has fewer than 10 000 Commonwealth-supported EFTSL 4 Campus is less than 300 kms from nearest mainland capital city higher education provider has 10 000 or more Commonwealth-supported EFTSL 2.5% 5 Wollongong N/A 1.5%
4.10.10 The regional loading for an eligible regional campus is calculated in the following way:
R = (I + E) x (A x B)
Where:
R is the amount of regional loading payable to the higher education provider for a regional campus;
I is the total internal Commonwealth supported student EFTSL at the regional campus, including any approved multi-modal load;
E is the eligible external Commonwealth supported students EFTSL at the regional campus (see 4.20.1);
A is the average cost of a Commonwealth funded place as specified in accordance with 4.10.5; and
B is the regional loading percentage for the band as specified in accordance with 4.10.5.
4.15 TOTAL AMOUNT OF REGIONAL LOADING AVAILABLE TO THE SECTOR
4.15.1 The total amount of regional loading available is a fixed amount each year. In 2006, the total amount of regional loading is $29,186,000 (2006 prices).
4.20 CALCULATION OF ELIGIBLE EXTERNAL COMMONWEALTH SUPPORTED STUDENT EFTSL
4.20.1 The external Commonwealth supported student EFTSL at the regional campus for the purpose of item E in paragraph 4.10.10 is worked out in the following way:
Step 1: Determine total Commonwealth supported student EFTSL (internal, external, multi-modal) at all campuses of the individual eligible higher education provider.
Step 2: Identify the total external Commonwealth supported student EFTSL at all campuses of the individual eligible higher education provider.
Step 3: Calculate as a percentage the proportion of total external Commonwealth supported student EFTSL to the total Commonwealth supported student EFTSL.
Step 4: This percentage is applied to the external Commonwealth supported student EFTSL at the eligible regional campus of the higher education provider.
Step 5: The result is multiplied by a proportion of external EFTSL that will be eligible for inclusion in the calculation of regional loading. This proportion will be specified by the Australian Government from year to year, depending on the availability of funds in the regional loading pool after the amount of funding for all internal EFTSL is determined. In 2005, this proportion was 67% but this may vary in subsequent years
4.20.5 Example of the calculation of eligible external Commonwealth supported EFTSL:
Step 1: A higher education provider has 200 Commonwealth supported EFTSL.
Step 2: The provider has 66 external Commonwealth supported EFTSL.
Step 3: This equates to 33% of Commonwealth supported EFTSL at the provider being external.
Step 4: The provider has 50 external Commonwealth supported EFTSL enrolled through the eligible campus. 33% of 50 equals 16.5 external EFTSL at the campus eligible for regional loading.
Step 5: The Commonwealth determined for 2005 that 67% of Commonwealth supported external EFTSL would be counted for regional loading funding in that year. Therefore, the proportion of external EFTSL included in the calculation of regional loading is 67% of 16.5 = 11.1.
Result: Therefore, E = 11.1
4.25 CODING NOTES FOR DETERMINING REGIONAL LOADING EFTSL
4.25.1 Student load is determined for the regional loading using the codes in the student data collection, as set out below:
(a) Domestic, non-fee paying student load
E380 = 10, 11, 12, 25, 31, 71 and 99
(b) Level of course
Includes post-graduate coursework, undergraduate and enabling students.
(c) Internal student load
E329 = 1
(d) External student load
E329 = 2
(e) Multi-modal load
E329 = 3
(f) Campus location
Identified by E477
ITEM 2
Replace chapter 6 with:
CHAPTER 6 ENABLING LOADING
6.1 PURPOSE
6.1.1. The purpose of this chapter is to specify how the amount of enabling loading for a specified number of Commonwealth supported places under section 33-5 (d) of the Act is calculated. Where the allocation of Commonwealth supported places made by the Minister under section 30-10 of the Act specifies a number of places that have an enabling loading, the amount of enabling loading that will be paid for Commonwealth supported places is worked out in the following way.
6.5 ELIGIBILITY
6.5.1 An enabling course means a course of instruction provided to a person for the purpose of enabling the person to undertake a course leading to a higher education award, but does not include:
(a) a course leading to a higher education award; or
(b) any course that the Minister determines is not an enabling course for the purposes of the Act.
6.10 LOADING CALCULATION
6.10.1 The amount of enabling loading (A) payable to a higher education provider is calculated in the following way:
Step 1: R = F divided by T
Step 2: A = E times R
That is:
A = E times (F divided by T)
where:
F is the total amount of the enabling loading funding pool for the grant year (see 6.15);
T is the number of Commonwealth supported student EFTSL coded (in accordance with 6.20) as enabling student load for ALL HIGHER EDUCATION PROVIDERS for that year plus any new enabling places, not yet reported in the Student Statistical Data Collection and specifically allocated to all providers by the Government and specified in prior years’ Funding Agreements (made in accordance with section 30-25 of the Act).
E is the number of Commonwealth supported student EFTSL coded (in accordance with 6.20) as enabling student load at THE PARTICULAR HIGHER EDUCATION PROVIDER for that year plus any new enabling places, not yet reported in the Student Statistical Data Collection and specifically allocated to that provider by the Government and specified in prior years’ Funding Agreements.
R is the amount of enabling loading per enabling Commonwealth supported student EFTSL in the given year; and
A is the allocation to be received by the provider.
The first step determines R, the amount of loading per enabling Commonwealth supported EFTSU. The second step, using R calculated at step 1, determines A, the amount of enabling loading that the provider will receive.
6.10.5 The number of EFTSL coded as enabling student load will be will be that reported in the most recent student load data submitted by the higher education provider as part of the student statistics data collection and cleared as final by DEST.
6.25.1 As the funding pool is fixed, the amount of enabling loading per EFTSL will vary according to the total number of EFTSL coded as enabling.
6.15 TOTAL AMOUNT OF ENABLING LOADING AVAILABLE TO THE SECTOR
6.15.1 The total amount of enabling loading is a fixed amount each year. The total amount of enabling loading in 2006 is $12,545,000 (in 2006 prices).
6.20 CODING NOTES FOR DETERMINING ENABLING LOADING
6.20.1 Enabling student EFTSL is coded in the student data collection, as set out below:
Domestic, non-fee paying enabling student load
E380 = 25
ITEM 3
Replace chapter 7 with:
CHAPTER 7 INCREASES IN ASSISTANCE FOR HIGHER EDUCATION PROVIDERS MEETING CERTAIN REQUIREMENTS (Section 33-15)
7.1 PURPOSE
7.1.1 The purpose of this chapter is to set out the requirements known as the National Governance Protocols that higher education providers eligible for grants under the Commonwealth Grant Scheme need to satisfy under section 33-15(1)(a) of the Act and to specify a date (the “Protocol Compliance Date”) for higher education providers to meet these requirements under section 33-15(1)(c) of the Act.
7.1.2 For the 2006 grant year, the Protocol Compliance Date is 30 September 2005. However, where a higher education provider’s compliance with the Protocols requires changes to its enabling legislation, the legislation implementing those changes (the “Change Legislation”) may allow the provider a period of not more than 12 months, ending after 30 September 2005 (the “Transition Period”), within which the provider must implement any particular change. Provided the Change Legislation commences on or before 30 September 2005, the Protocol Compliance Date for that change is the date of the last day of the Transition Period.
7.1.5 In this chapter, all references to the Corporations Act are to the Corporations Act 2001 (Commonwealth) as in force from time to time.
7.5 NATIONAL GOVERNANCE PROTOCOLS FOR HIGHER EDUCATION PROVIDERS LISTED IN TABLE A OF THE ACT
In the case of the Australian Catholic University, where a Protocol refers to enabling legislation, it is taken to mean its constitution and/or where applicable, the Corporations Act.
7.5.1 Protocol 1: the higher education provider must have its objectives and/or functions specified in its enabling legislation.
7.5.5 Protocol 2: the higher education provider’s governing body must adopt a statement of its primary responsibilities, which must include:
(a) appointing the vice-chancellor as the chief executive officer of the higher education provider, and monitoring his/her performance;
(b) approving the mission and strategic direction of the higher education provider, as well as the annual budget and business plan;
(c) overseeing and reviewing the management of the higher education provider and its performance;
(d) establishing policy and procedural principles, consistent with legal requirements and community expectations;
(e) approving and monitoring systems of control and accountability, including general overview of any controlled entities. A controlled entity is one that satisfies the test of control in s.50AA of the Corporations Act;
(f) overseeing and monitoring the assessment and management of risk across the higher education provider, including commercial undertakings;
(g) overseeing and monitoring the academic activities of the higher education provider;
(h) approving significant commercial activities of the higher education provider.
7.5.10 The higher education provider’s governing body, while retaining its ultimate governance responsibilities, may have an appropriate system of delegations to ensure the effective discharge of these responsibilities.
7.5.15 Protocol 3: the higher education provider must have the duties of the members of the governing body and sanctions for the breach of these duties specified in its enabling legislation. Other than the Chancellor, the Vice-Chancellor and the Presiding Member of the Academic Board (s) each member must be appointed or elected ad personam. All members of the governing body must be responsible and accountable to the governing body. When exercising the functions of a member of the governing body, a member of the governing body must always act in the best interests of the higher education provider.
7.5.20 Duties of members must include the requirements to:
(a) act always in the best interests of the higher education provider as a whole, with this obligation to be observed in priority to any duty a member may owe to those electing or appointing him or her;
(b) act in good faith, honestly and for a proper purpose;
(c) exercise appropriate care and diligence;
(d) not improperly use their position to gain an advantage for themselves or someone else; and
(e) disclose and avoid conflicts of interest (with appropriate procedures for that purpose similar to those for public companies).
7.5.25 There should be safeguards, exemptions and protections for members of a higher education provider’s governing body for matters or things done or omitted in good faith in pursuance of the relevant legislation. Without limitation, this should include such safeguards, exemptions and protections as are the equivalent of those that would be available were the member a director under the Corporations Act. The higher education provider (with the exception of those subject to the Corporations Act) must have a requirement that the governing body has the power (by a two-thirds majority) to remove any member of the governing body from office if the member breaches the duties specified above included in its enabling legislation. A member must automatically vacate the office if he or she is, or becomes, disqualified from acting as a Director of a company or managing corporations under Part 2D.6 of the Corporations Act.
7.5.30 Protocol 4: each governing body must make available a programme of induction and professional development for members to build the expertise of the governing body and to ensure that all members are aware of the nature of their duties and responsibilities. At regular intervals the governing body must assess both its performance and its conformance with these Protocols and identify needed skills and expertise for the future.
7.5.35 Protocol 5: the size of the governing body must not exceed 22 members. There must be at least two members having financial expertise (as demonstrated by relevant qualifications and financial management experience at a senior level in the public or private sector) and at least one member with commercial expertise (as demonstrated by relevant experience at a senior level in the public or private sector). Where the size of the governing body is limited to less than 10 members, one member with financial expertise and one with commercial expertise would be considered as meeting the requirements. There must be a majority of external independent members who are neither enrolled as a student nor employed by the higher education provider. There must not be current members of any State or Commonwealth parliament or legislative assembly other than where specifically selected by the governing body itself.
7.5.40 Protocol 6: the higher education provider must adopt systematic procedures for the nomination of prospective members of the governing body for those categories of members that are not elected. The responsibility for proposing such nominations for the governing body may be delegated to a nominations committee of the governing body that the Chancellor would ordinarily chair.
7.5.45 Members so appointed must be selected on the basis of their ability to contribute to the effective working of the governing body by having needed skills, knowledge and experience, an appreciation of the values of a higher education provider and its core activities of teaching and research, its independence and academic freedom and the capacity to appreciate what the higher education provider’s external community needs from that higher education provider.
7.5.50 To provide for the introduction of new members consistent with maintaining continuity and experience, members’ terms must generally overlap and governing bodies must establish the maximum period to be served. This should not generally exceed 12 years unless otherwise specifically agreed by the majority of the governing body.
7.5.55 Protocol 7: the higher education provider is to codify its internal grievance procedures and publish them with information about the procedure for submitting complaints to the relevant ombudsman or the equivalent relevant agency.
7.5.60 Protocol 8: the annual report of the higher education provider must be used for reporting on high level outcomes.
7.5.65 Protocol 9: the annual report of the higher education provider must include a report on risk management within the organisation.
7.5.70 Protocol 10: the governing body is required to oversee controlled entities by taking reasonable steps to bring about the following:
(a) ensuring that the entity’s board possesses the skills, knowledge and experience necessary to provide proper stewardship and control of the entity;
(b) appointing some directors to the board of the entity who are not members of the governing body or officers or students of the higher education provider, where possible;
(c) ensuring that the board adopts and regularly evaluates a written statement of its own governance principles;
(d) ensuring that the board documents a clear corporate and business strategy which reports on and updates annually the entity’s long-term objectives and includes an annual business plan containing achievable and measurable performance targets and milestones; and
(e) establishing and documenting clear expectations of reporting to the governing body, such as a draft business plan for consideration and approval before the commencement of each financial year and at least quarterly reports against the business plan.
7.5.75 Protocol 11: A higher education provider must assess the risk arising from its part ownership of any entity (including an associated company as defined in the Accounting Standards issued by the Australian Accounting Standards Board), partnership and joint venture. The governing body of the provider must, where appropriate in light of the risk assessment, use its best endeavours to obtain an auditor’s report (including audit certification and management letter) of the entity by a State, Territory or Commonwealth Auditor-General or by an external auditor.
7.10 NATIONAL GOVERNANCE PROTOCOLS FOR HIGHER EDUCATION PROVIDERS NOT LISTED IN TABLE A OF THE ACT
7.10.1 Protocol 1: the higher education provider must have its objectives specified in a constitution or such other document that establishes the higher education provider as a legal entity.
7.10.5 Protocol 2: the governing body of the higher education provider must adopt a statement of its primary responsibilities, which must include:
(a) appointing the chief executive officer of the higher education provider and monitoring his/her performance;
(b) appointing, where necessary, the secretary or public officer of the higher education provider;
(c) ensuring that the processes of the governing body are carried out in accordance with the constitution of the governing body;
(d) approving the mission and strategic direction of the higher education provider, as well as the annual budget and business plan;
(e) appointing an external auditor;
(f) appointing, where necessary, an audit committee that consists of at least three independent members (excluding the chair) of the governing body;
(g) establishing policy and procedural principles consistent with legal requirements and community expectations;
(h) approving and monitoring systems of control and accountability, including general overview of any controlled entities. A controlled entity is one that satisfies the test of control in s.50AA of the Corporations Act;
(i) overseeing and reviewing the management of the higher education provider and its performance as a higher education provider;
(j) overseeing and monitoring the assessment and management of risk across the higher education provider, including commercial undertakings;
(k) overseeing and monitoring academic activities of the higher education provider; and
(l) approving significant commercial activities of the higher education provider.
7.10.10 The higher education provider’s governing body, while retaining its ultimate governance responsibilities, may have an appropriate system of delegations to ensure the effective discharge of these responsibilities.
7.10.15 Protocol 3: the higher education provider must have the duties of the members of the governing body and sanctions for the breach of these duties specified in its constitution or other such document of the higher education provider. Other than the Chair of the Governing Body, Chief Executive Officer and the Presiding Member of the Academic Board (or the equivalent officer) each member must be appointed or elected ad personam. All members of the governing body must be responsible and accountable to the governing body. When exercising the functions of a member of the governing body, a member of the governing body must always act in the best interests of the higher education provider.
7.10.20 Duties of members must include the requirements to:
(a) act always in the best interests of the higher education provider as a whole, with this obligation to be observed in priority to any duty a member may owe to those electing or appointing him or her;
(b) act in good faith, honestly and for a proper purpose;
(c) exercise appropriate care and diligence;
(d) not improperly use their position to gain an advantage for themselves or someone else; and
(e) disclose and avoid conflicts of interest (with appropriate procedures for that purpose similar to those for public companies).
7.10.25 There should be safeguards, exemptions and protections for members of a higher education provider’s governing body for matters or things done or omitted in good faith. Without limitation, this should include such safeguards, exemptions and protections as are the equivalent of those that would be available were the member a director under the Corporations Act. The higher education provider (with the exception of those subject to the Corporations Act) must have a requirement that the governing body has the power to remove any member of the governing body from office if the member breaches the duties specified above included in its constitution or other such document of the higher education provider. A member must automatically vacate the office if he or she is, or becomes, disqualified from acting as a Director of a company or managing corporations under Part 2D.6 of the Corporations Act.
7.10.30 Protocol 4: each governing body must make available a programme of induction and professional development for members to build the expertise of the governing body and to ensure that all members are aware of the nature of their duties and responsibilities. At regular intervals the governing body must assess both its performance and its conformance with these Protocols and identify needed skills and expertise for the future.
7.10.35 Protocol 5: the size of governing body must not exceed 22 members. There must be at least two members having financial expertise (as demonstrated by relevant qualifications and financial management experience at a senior level in the public or private sector) and at least one member with commercial expertise (as demonstrated by relevant experience at a senior level in the public or private sector). Where the size of the governing body is limited to less than 10 members, one member with financial expertise and one with commercial expertise would be considered as meeting the requirements. A majority of the members must be external independent members who are neither enrolled as a student nor employed by the higher education provider. There must not be current members of any State or Commonwealth parliament or legislative assembly other than where specifically selected by the governing body itself.
7.10.40 Protocol 6: the higher education provider must adopt systematic procedures for the nomination of prospective members of the governing body for those categories of members that are not elected.
7.10.45 Protocol 7: the higher education provider is to codify its internal grievance procedures and publish them with information about the procedure for submitting complaints to the relevant ombudsman or the equivalent relevant agency.
7.10.50 Protocol 8: the annual report of the higher education provider must be used for reporting on high level outcomes required by the Commonwealth.
7.10.55 Protocol 9: the annual report of the higher education provider must include a report on risk management within the organisation.
7.10.60 Protocol 10: the governing body is required to oversee controlled entities by taking reasonable steps to bring about the following:
(a) ensuring that the entity’s board possesses the skills, knowledge and experience necessary to provide proper stewardship and control of the entity;
(b) appointing some directors to the board of the entity who are not members of the governing body or officers or students of the higher education provider, where possible;
(c) ensuring that the board regularly adopts and evaluates a written statement of its own governance principles;
(d) ensuring that the board documents a clear corporate and business strategy which reports and updates annually the entity’s long-term objectives and includes an annual business plan containing achievable and measurable performance targets and milestones; and
(e) establishing and documenting clear expectations of reporting to the governing body, such as a draft business plan for consideration and approval before the commencement of each financial year and at least quarterly reports against the business plan.
7.10.65 Protocol 11: the higher education provider and its associated entities shall be audited by an external auditor and the auditor’s report (including audit certification and management letter) provided to the higher education provider’s governing body or the higher education provider’s audit committee.
7.15 DATE TO MEET THESE REQUIREMENTS (SECTION 33-15)
7.15.1 Dates to meet the National Governance Protocols and workplace relations requirements for a higher education provider to receive an increase in its basic grant amount for a year under the Commonwealth Grant Scheme are:
Grant year Funding Increases Dates for meeting the requirements 2005 2.5% 31 August 2004 2006 5.0% 30 September 2005 (for National Governance Protocols;
30 November 2005 (for workplace relations requirements)2007 7.5% 31 August 2006
0
0
0