Universities (Financial Assistance) Act 1967 (Cth)
An Act relating to Financial Assistance to States in connexion with Universities.
[Assented to 14 November 1967]
BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—
“State contribution” means moneys paid by a State to a University for university purposes, other than moneys paid in fulfilment of the conditions upon which a payment is or has been made to the State by the Commonwealth under this Act or any other Act;
“the Commission” means the Australian Universities Commission established by the
Australian Universities Commission Act 1959–1965.
(
a ) on or after the first day of January, One thousand nine hundred and sixty-seven, and on or before a date determined by the Minister in relation to the building concerned, not being later than the thirty-first day of December, One thousand nine hundred and sixty-nine, an amount derived by a University from a State contribution is expended on the purchase, erection or alteration of a building of a hall of residence specified in the Schedule to this Act, or an amount derived otherwise than in consequence of the grant of financial assistance by the Commonwealth to the State in which the relevant University is situated is expended by the body administering a residential college specified in the Schedule to this Act on the purchase, erection or alteration of a building of the college; and(
b ) the whole or a part of the expenditure is approved by the Commission for the purposes of this section,there is payable to that State, for the purpose of financial assistance, an amount equal to so much of the expenditure as is so approved by the Commission.
(2.) For the purposes of the last preceding sub-section, expenditure by a University or body on the provision of furnishings and equipment, as approved by the Commission for the purposes of this section, for a building that has been erected by that University or body, or for additions that have been made to a building by that University or body, shall be deemed to be expenditure on the erection or alteration of that building.
(3.) The sum of the amounts paid to a State
under this section in relation to expenditure in respect of a hall of residence
or residential college shall not exceed the amount specified in the Schedule to
this Act in respect of that hall of residence or residential college, being an
amount equal to the maximum amount that could have become payable to the State,
in relation to expenditure in respect of that hall of residence or residential
college, under section 7 of the
(4.) The financial assistance to a State under this section is granted on the condition that the State will, in respect of each payment of that financial assistance and without undue delay, pay to the University or body administering the hall of residence or residential college in relation to which that payment is made an amount equal to that payment.
(5.) A State contribution that is taken into
account for the purposes of this section shall not be taken into account for
the purposes of section 7 of the
(2.) The financial assistance to the State of Victoria under this section is granted on the condition that the State will, in respect of each payment of that financial assistance and without undue delay, pay to the University of Melbourne an amount equal to that payment.
(2.) The sum of the amounts paid to the State of
Queensland under this section shall not exceed One hundred thousand dollars,
being an amount equal to the amount of the financial assistance in respect of
the project referred to in the last preceding sub-section that would have
become payable under the
(3.) The financial assistance to the State of Queensland under this section is granted on the conditions that—
(
a ) the State will, in respect of each payment of that financial assistance and without undue delay, pay to the University of Queensland an amount equal to that payment; and(
b ) the State will ensure that each amount so paid to the University is applied by the University, without undue delay, for the purposes of the project referred to in sub-section (1.) of this section.
(
a )if the Minister informs the State that he is satisfied that the State has failed to fulfil the conditions applicable to that amount, the State will repay that amount to the Commonwealth; and(
b ) if that amount exceeds the amount properly payable, the State will repay the excess to the Commonwealth.
THE
SCHEDULE
Hall of Residence or Residential College | Amount |
$ | |
University of Sydney— | |
| 73,297 |
University of New South Wales- | |
| 197,000 |
| 93,500 |
University of Melbourne— | |
| 50,367 |
University of Western Australia— | |
| 2,000 |
University of Tasmania— | |
| 45,855 |
University of New England— | |
| 137,450 |
0
0
0