Transition Fund Loading Clause Samples
The Transition Fund Loading clause establishes the terms under which additional funds are allocated to cover costs associated with transitioning from one service provider or operational phase to another. Typically, this clause outlines the calculation method for the extra funding, specifies eligible transition activities, and may set limits or conditions for reimbursement. Its core practical function is to ensure that the financial impact of transitioning is anticipated and managed, thereby reducing disputes and ensuring continuity during periods of change.
Transition Fund Loading. Amount of Transition Fund Loading payable to the Provider
PART B: Other conditions and requirements Table 2: Provider’s campuses Table 3: Approved educational facility
Transition Fund Loading. Amount of Transition Fund Loading payable to the Provider
Transition Fund Loading. Amount of Transition Fund Loading payable to the Provider
22. The amount of Transition Fund Loading payable to the Provider for the relevant Grant Years is calculated using the formula in the CGS Guidelines and is estimated as: • For 2021: $12,825,842 • For 2022: $8,290,002 • For 2023: $3,298,106
Transition Fund Loading. Amount of Transition Fund Loading payable to the Provider Clinical placements and practicums New campuses and campus closures Closures of courses Applicable law and jurisdiction Entire agreement, variation and severance
Transition Fund Loading. Amount of Transition Fund Loading payable to the Provider
22. The amount of Transition Fund Loading payable to the Provider for the relevant Grant Years is calculated using the formula in the CGS Guidelines and is estimated as: For 2021: $30,492,851 For 2022: $17,728,835 For 2023: $3,449,481
23. For a course that is accredited under section 49 of the National Law, the Provider must ensure that each student enrolled in the course has access to clinical placements in accordance with the approved accreditation standard for the profession.
24. For a course that provides a pathway to professional certification or registration, where that certification or registration requires the completion of a clinical or practicum placement (for example in initial teacher education, engineering, social work) the Provider must ensure that each student enrolled in that course has access to clinical placements or practicums in accordance with the relevant professional accreditation standards.
25. The Provider must obtain the Commonwealth’s prior written approval if the Provider proposes to enrol Commonwealth supported students in a course of study that is, or is to be undertaken, primarily at an educational facility, other than one of the Provider’s campuses listed below in Table 2 or approved educational facilities listed below in Table 3.
26. Similarly, if the Provider proposes to close a campus or approved educational facility where Commonwealth supported students are enrolled, the Provider must obtain the Commonwealth’s prior written approval. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Peninsula Parkville N/A
27. The laws of the Australian Capital Territory apply to the interpretation of this agreement.
28. The parties agree to submit to the non-exclusive jurisdiction of the courts of the Australian Capital Territory and any courts which have jurisdiction to hear appeals from any of these courts in respect to any dispute under this agreement.
29. This agreement and the HESA record the entire agreement between the parties in relation to its subject matter.
30. Except for action the Commonwealth is expressly authorised or required to take elsewhere in this agreement or HESA, no variation of this agreement is binding unless it is agreed in writing and signed by the parties.
31. If a court or tribunal says any provision of this agreement has no effect or interprets a provision to reduce an obligation or right, this does not invalidate, or restrict the operation of, any other provision.