House of Representatives

Higher Education Legislation Amendment (2007 Measures No. 1) Bill 2007

Explanatory Memorandum

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

Financial impact

In relation to the Higher Education Support Act 2003 , the Bill increases the overall appropriation by $40.8 million (in current year prices) for the period 1 July 2007 to 31 December 2010, by varying the maximum payments for Other Grants under Part 2-3 of the Act.

The Bill will have no financial impact on the Higher Education Funding Act 1988 or the Higher Education Support (Transitional Provisions and Consequential Amendments) Act 2003 .

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