Higher Education Support Act 2003

Chapter 2 - Grants for higher education assistance etc  


Division 19 - What are the quality and accountability requirements?  

Subdivision 19-B - The financial viability requirements  

SECTION 19-10   Financial information must be provided  

A higher education provider must give to the Minister a financial statement for each *annual financial reporting period for the provider in which:

(a) the provider receives assistance under this Chapter; or

(b) a student of the provider receives assistance under Chapter 3 .

The statement:

(a) must be in the form approved by the Minister; and

(ab) must comply with any requirements prescribed by the Higher Education Provider Guidelines; and

(b) must be provided together with a report on the statement by an independent *qualified auditor; and

(c) must be provided within 6 months after the end of the *annual financial reporting period for which the statement was given.


Without limiting subsection 33(3A) of the Acts Interpretation Act 1901 , requirements made for the purposes of paragraph (2)(ab) of this section may make different provision in relation to different kinds of providers, circumstances or any other matter.

An annual financial reporting period , for a higher education provider, is the period of 12 months:

(a) to which the provider ' s accounts relate; and

(b) that is notified in writing to the Minister as the provider ' s annual financial reporting period.

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