Higher Education Support Act 2003

Chapter 5 - Administration  

PART 5-1 - PAYMENTS BY THE COMMONWEALTH  

Division 164 - Payments by the Commonwealth  

SECTION 164-10   Advances  

164-10(1)    
The *Secretary may determine that an advance is to be made to a higher education provider or other body on account of an amount that is expected to become payable under a provision of this Act to the provider or other body.

164-10(1AA)    

The *Secretary may vary or revoke a determination made under subsection (1).

164-10(1A)    

If the advance exceeds the amount that becomes payable, an amount equal to the excess may be:

(a) deducted from any amount that is payable, or to be paid, to the provider or body under this Act; or

(b) recovered by the Commonwealth from the provider or body as a debt due to the Commonwealth.

164-10(1B)    

If the provider or other body uses the advance for a purpose other than that for which it was given, an amount equal to the advance may be:

(a) deducted from any amount that is payable, or to be paid, to the provider or body under this Act; or

(b) recovered by the Commonwealth from the provider or body as a debt due to the Commonwealth.

164-10(2)    

The conditions that would be applicable to a payment of the amount on account of which the advance is made are applicable to the advance.

164-10(3)    
This section does not affect the Minister ' s power to determine under section 33-40 that an advance is payable to a higher education provider.