Vocational Education and Training Funding Amendment Act 1994 (Cth)

Vocational Education and Training Funding Amendment Act 1994

No. 132 of 1994

An Act to amend the Vocational Education and Training Funding Act 1992, and for related purposes

[Assented to 21 October 1994]

The Parliament of Australia enacts:

Short title etc.

1.(1) This Act may be cited as the Vocational Education and Training Funding Amendment Act 1994.

(2) In this Act, "Principal Act" means the Vocational Education and Training Funding Act 19921.

Commencement

2. This Act commences on the day on which it receives the Royal Assent.

Interpretation

3. Section 8 of the Principal Act is amended by inserting the following definition:

" 'State' includes the Australian Capital Territory and the Northern Territory.".

Repeal of section 9 and substitution of new sections

4.(1) Section 9 of the Principal Act is repealed and the following sections are substituted:

General funds for allocation by the Authority

"9. There is payable to the Authority, for allocation under the Australian National Training Authority Act 1992 in respect of each calendar year specified in the table below, an amount determined by the Minister for that year. This amount must not exceed the limit for that year specified in the table.

Calendar Year Limit for year 1994 $673,612,000 1995 $755,711,000 1996 $835,529,000

Additional funds for allocation by the Authority if numbers trained in States under certain schemes increases

"9A.(1) If:

(a) the Minister is satisfied that there has been an increase in the number of people receiving eligible off-the-job training in a State; and

(b) subject to subsection (3), the Minister determines that, because of that increase, a specified amount is to be paid to the Authority in respect of the State and a calendar year specified in the table at the end of this section;