House of Representatives

Higher Education Legislation Amendment (2006 Budget and Other Measures) Bill 2006

Explanatory Memorandum

(Circulated by authority of the Minister for Education, Science and Training, the Honourable Julie Bishop MP)

Schedule 9-Amounts relating to research funding

Australian Research Council Act 2001

Items 1 to 3 Paragraphs 49(g), (h) and (i)

Section 49 sets the total aggregate funding caps for particular years. Items 1, 2 and 3 repeal paragraphs 49(g), (h) and (i) respectively and substitute new paragraphs which increase the funding caps for the financial years 2006-07, 2007-08 and 2008-09 to reflect revised forward estimates.

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