ACE018: TEO to repay overfunding

Type:
Condition

If the TEO receives funding for ACE provision that is greater than it should have been, or that it was not entitled to receive, the TEO must treat the amount of overfunding as a debt due to the Crown that:

a)  is repayable on demand; and

b)  may be set-off against all or any funding, or any sum of money payable by the TEC to the TEO.

Definition of when funding is greater than it should have been – TEOs other than schools

An ITP, wānanga, PTE, REAP provider, or community organisation will have received funding that was greater than it should have been if, for example, it delivered less ACE provision than it was funded for. In that situation, the TEC will recover the difference between the amount of provision delivered, and the funding provided.

Definition of funding is greater than it should have been – schools

A state school or state-integrated school received funding that was greater than it should have been if, for example, the school delivered less ACE provision (calculated in hours) than it was funded for.  In that situation, the TEC will recover the difference between the amount of provision delivered, and the funding provided.  The TEC will determine the amount of funding delivered using an hourly rate of $7.27.

For example: A 10 hour course for a planned number of 12 learners is funded for $872.40 ((10 x $7.27) x 12).   The school only enrols 10 learners at $727.00.  The TEC will recover the difference of $145.40.

 

  • Last changed: 2 March 2016
  • Last verified: 2 March 2016