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STATES GRANTS (PRIMARY AND SECONDARY EDUCATION ASSISTANCE) ACT 2000 - SECT 22

Specific requirement: financial accountability

(1) A section 18 agreement must require the relevant authority:

(a)
to give the Secretary of the Department a certificate by a qualified accountant stating whether an amount equal to the sum of the amounts mentioned in subsection 21(1) has been spent (or committed to be spent) for the program year for the purposes mentioned in that subsection; and

(b)
to give the Secretary of the Department the certificate on or before 30 June next following the program year concerned or such other date as the Minister determines.

(2) In this Act:

"qualified accountant "means a person who:

(a)
is registered, or is taken to be registered, as a company auditor under Part 9.2 of the Corporations Law; or

(b)
is a member of the Institute of Chartered Accountants in Australia, the Australian Society of Certified Practising Accountants or any other body prescribed for the purposes of subparagraph 1280(2)(a)(i) of the Corporations Law; or

(c)
is approved by the Minister as a qualified accountant for the purposes of this Act.



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