The NSW Government has amended the Education Act to strengthen the not-for-profit requirements for non-Government schools. The rules have got tougher and non-compliance could result in a loss of funding.
What organisations does this affect?
These changes affect all non-Government schools in New South Wales in receipt of funding from the NSW Government.
What other changes
Those in the sector will be familiar with the provisions of section 21A of the Education Act which provided that NSW Government funding would not be available to schools that operated for profit. Section 21A(3) detailed what payments by a non-Government school would not affect its “non-profit” status.
Continue Reading NSW School Funding: Changes to Not-For-Profit Requirements