WRC005: Wānanga to repay funding following revocation of funding approval

Type:
Condition

If, in accordance with section 159YG of the Education Act 1989, the TEC suspends or revokes some or all of a wānanga’s funding from the Wānanga Research Capability Fund before that funding has been used or contractually committed towards the purposes for which that funding was provided, the wānanga must treat the unexpended or uncommitted portion of the funding as a debt due to the Crown that is:

a)  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 wānanga.

  • Last changed: 3 March 2016
  • Last verified: 3 March 2016