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Amendment of section 45 of Principal Act
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19. Section 45 of the Principal Act is amended—
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(a) in subsection (1)—
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(i) in paragraph (a), by the insertion of “, in respect of its functions other than its education welfare functions,” after “the Agency”, and
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(ii) by the substitution of the following paragraph for paragraph (b):
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“(b) notify the Agency of the determination of net expenditure referred to in paragraph (a) in the context of the Performance Statement developed under section 44(1).”,
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(b) by the insertion of the following subsection after subsection (1):
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“(1A) Subject to subsection (2), the Minister for Education shall, in respect of a financial year of the Agency—
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(a) determine the maximum amount of net expenditure that may be incurred by the Agency in respect of its education welfare functions for that financial year, and
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(b) notify the Agency of the determination of net expenditure referred to in paragraph (a) in the context of the Performance Statement developed under section 44(1A).”,
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(c) in subsection (2)—
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(i) by the insertion of “or the Minister for Education” after “Minister” where “Minister” first occurs in that subsection, and
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(ii) by the substitution of “the Minister concerned may specify in a notification under subsection (1) or (1A), as the case may be” for “the Minister may specify in a notification under subsection (1)”,
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and
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(d) in subsection (3)—
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(i) by the insertion of “and the Minister for Education may amend a determination under subsection (1A)” after “subsection (1)”, and
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(ii) by the substitution of “the Minister concerned varies that amount, that Minister” for “the Minister varies that amount, the Minister”.
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