Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Act 2024 (138 of 2024)
Schedule 6 National skills and workforce development payments
Part 2 Application and saving provisions
9 Application provision - 2024-25 financial year and earlier financial years
(1) Section 12 of the Act, as in force immediately before the commencement of this Schedule, continues to apply in relation to the 2024-25 financial year and earlier financial years despite the repeal of that section by this Schedule.
(2) However, the following do not apply in relation to the 2024-25 financial year:
(a) paragraph 12(2)(c) of the Act;
(b) subsections 12(4) and (5) of the Act;
(c) any determinations under the subsections mentioned in paragraph (b) of this subitem.
(3) Instead, the total amount of all financial assistance payable under subsection 12(1) of the Act to the States for the 2024-25 financial year is the amount determined by the Minister, by legislative instrument, under this subitem.
(4) The Minister may, by legislative instrument, determine the manner in which the total amount determined under subitem (3) of this item is to be divided between the States.
(5) Section 42 (disallowance) of the Legislation Act 2003 does not apply to a determination made under subitem (3) or (4) of this item.
(6) To avoid doubt, a determination under:
(a) subitem (3) or (4) of this item; or
(b) subsection 12(4) or (5) of the Act, as those subsections are continued in force by subitem (1) of this item;
may be made after the end of the financial year to which the determination relates.
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