Commonwealth of Australia Explanatory Memoranda Commonwealth of Australia Explanatory Memoranda[Index] [Search] [Download] [Bill] [Help]
2002
THE PARLIAMENT OF THE COMMONWEALTH
OF AUSTRALIA
HOUSE OF
REPRESENTATIVES
VOCATIONAL EDUCATION AND TRAINING FUNDING
AMENDMENT BILL 2002
EXPLANATORY
MEMORANDUM
(Circulated by authority of the Minister for
Education, Science and Training the Hon Dr Brendan Nelson MP)
VOCATIONAL EDUCATION AND TRAINING FUNDING AMENDMENT
BILL 2002
The Vocational Education and Training Funding Act 1992 (the Act)
provides for the maximum amount of vocational education and training funding for
distribution by the Australian National Training Authority (ANTA) to the States
and Territories for capital and recurrent purposes and for National Projects.
The current Australian National Training Authority (ANTA) Agreement
between the Commonwealth, States and Territories sets out planning,
accountability and funding arrangements for Vocational Education and Training
(VET) for the three years 2001 to 2003.
As a part of this Agreement, the
Commonwealth made a commitment to maintain its existing funding in real terms
for the period 2001 to 2003 and also to contribute growth funding to the States
and Territories, conditional on them matching these funds.
The Minister
determines the amount to be paid to ANTA, up to the maximum amount set by the
Act in any one year.
The Vocational Education and Training Funding
Amendment Bill 2002 would amend the Act to:
• supplement 2002
funding in line with real price movements reflected in Treasury
indices;
• appropriate general vocational education and training
funding for 2003;
• provide additional growth funding in 2003 for
those States and Territories that satisfy the provisions set out in that
Agreement.
The appropriation for 2003 will also include funding under the
Australians Working Together policy and the VET-related elements of the
Recognising and Improving the Capacity of People with a Disability
initiative.
The Bill would increase by $24,348,000 the currently legislated funding
limit for 2002 and would appropriate a funding limit of $ 992,295,000 for 2003
in respect of the general vocational education and training funds. It would
also provide for up to $101,725,000 in growth funding for 2003.
VOCATIONAL EDUCATION AND TRAINING FUNDING AMENDMENT BILL
2002
NOTES ON CLAUSES
Clause 1 - Short title
Provides for the Act to be cited as
the Vocational Education and Training Funding Amendment Act
2002.
Clause 2 - Commencement
Provides for the Act to
commence on the day on which it receives the Royal Assent.
Clause 3 -
Schedule(s)
Provides that each Act that is specified in a Schedule is
amended or repealed as set out in the applicable items in the Schedule and that
any other item in a Schedule has effect according to its
terms.
Schedule 1 – Amendment of the
Vocational Education and Training Funding Act
1992
Item 1 Section 9 (table item dealing with
2002)
Amends the table in section 9 setting out general funds for
allocation by the Australian National Training Authority for particular years by
increasing the funding limit available for 2002 and inserting the funding limit
available for 2003.
Item 2 Subsection 9AB(2) (table item
2)
Amends the table in subsection 9AB(2) setting out additional
growth funding for allocation by the Australian National Training Authority to
those States which comply with the ANTA agreement by increasing the funding
limit available for 2002 and inserting the funding limit available for 2003.