Vocational Education and Training Funding Act 1992
No. 152 of 1992
An Act to amend the States Grants (TAFE Assistance) Act 1989, to make provision for the funding of vocational education and training after 1993, and for related purposes
[Assented to 11 December 1992]
The Parliament of Australia enacts:
PART 1—PRELIMINARY
Short title
1. This Act may be cited as the Vocational Education and Training Funding Act 1992.
Commencement
2.(1) This Act, except for Part 3, commences on the day on which it receives the Royal Assent.
(2) Subject to subsection (3), Part 3 commences on a day to be fixed by Proclamation, being a day not earlier than the day on which
the Australian National Training Authority Act 1992 commences and not later than 31 December 1993.
(3) If the commencement of Part 3 is not fixed by a Proclamation published in the Gazette before 31 December 1993, Part 3 is repealed on that day.
PART 2—AMENDMENTS OF THE STATES GRANTS (TAFE ASSISTANCE) ACT 1989
Principal Act
3. In this Part, “Principal Act” means the States Grants (TAFE Assistance) Act 19891.
Interpretation—defined expressions
4. Section 3 of the Principal Act is amended by omitting “or 1992” from the definition of “program year” and substituting “, 1992, 1993, 1994 or 1995”.
Grants for recurrent expenditure
5. Section 10 of the Principal Act is amended:
(a) by omitting paragraph (3)(c) and substituting the following paragraphs:
“(c) for 1992—$261,317,000; or
(d) for 1993—$344,681,000; or
(e) for 1994—$423,289,000; or
(f) for 1995—$502,319,000.”;
(b) by adding at the end the following subsection:
“(4) This section does not authorise the payment of money in respect of a program year that commences on or after 1 January 1994 if Part 3 of the Vocational Education and Training Funding Act 1992 has commenced before the beginning of that year.”.
Approved expenditure in relation to approved capital expenditure proposals
6. Section 13 of the Principal Act is amended by adding at the end of subsection (3) the following paragraphs:
“or (d) for 1993—$207,506,000; or
(e) for 1994—$207,506,000; or
(f) for 1995—$207,506,000.”.
Grants for approved capital expenditure proposals
7. Section 14 of the Principal Act is amended by adding at the end the following subsection:
“(2) This section does not authorise the payment of money in respect of a program year that commences on or after 1 January 1994
if Part 3 of the Vocational Education and Training Funding Act 1992 has commenced before the beginning of that year.”.
PART 3—FUNDING OF VOCATIONAL EDUCATION AND TRAINING THROUGH AUSTRALIAN NATIONAL TRAINING AUTHORITY
Interpretation
8. In this Part:
“Authority” means the Australian National Training Authority;
“State” includes the Australian Capital Territory and the Northern Territory.
Funds for allocation by the Authority
9.(1) There is payable to the Authority, for allocation under the Australian National Training Authority Act 1992 in respect of each of the calendar years 1994 and 1995, such amount as the Minister determines, not exceeding:
(a) in the case of 1994—$630,795,000; and
(b) in the case of 1995—$709,825,000.
(2) Except to the extent that it is allocated for expenditure, other than expenditure by States, on national projects, money payable under subsection (1) is for allocation among all the States.
Source of payments to the Authority
10. Payments to the Authority under section 9 are to be made out of the Consolidated Revenue Fund or the Loan Fund.
Authority to borrow
11. The Treasurer may, under the Commonwealth Inscribed Stock Act 1911 or an Act authorising the issue of Treasury Bills, borrow amounts that, in total, do not exceed the amounts payable to the Authority under section 9.
Application of amounts borrowed
12. Amounts borrowed under section 11 may be issued and applied only for:
(a) the expenses of borrowing; or
(b) making payments to the Authority under section 9; or
(c) making payments to the Consolidated Revenue Fund under section 13.
Reimbursement of Consolidated Revenue Fund
13.(1) If a payment under section 9 has been made out of the Consolidated Revenue Fund, the Minister for Finance may authorise the payment to that Fund, out of the Loan Fund, of an amount not exceeding the payment under section 9.
(2) In any statement of the receipts and expenditure, or of the expenditure, of the Consolidated Revenue Fund prepared under section 49 of the Audit Act 1901, amounts paid to the Consolidated Revenue Fund under subsection (1) of this section must not be shown as receipts of that Fund but must be shown as having reduced the total of the amounts spent from that Fund under this Act.
Appropriation
14. The Consolidated Revenue Fund and the Loan Fund are appropriated as necessary for the purposes of this Act.
NOTE
1. No. 170, 1989, as amended. For previous amendments, see No. 120, 1990; Nos. 54 and 176, 1991; and No. 75, 1992.
[Minister’s second reading speech made in—
House of Representatives on 4 November 1992
Senate on 12 November 1992]