Funding and payments – Search and Rescue (ACE)
Funding and payments – Search and Rescue (ACE)
Funding for Search and Rescue Adult and Community Education (ACE) provision is allocated for a specific number of hours of training.
Funding for Search and Rescue Adult and Community Education (ACE) provision is allocated for a specific number of hours of training.
Funding
The Minister responsible for tertiary education issues the Search and Rescue (ACE) Fund funding mechanism. The funding mechanism outlines the general form and essential components of the fund. It gives us the mandate to allocate the funding, tells us what the funding can be used for, and details how we administer the fund.
The Ministry of Transport receives funding from the Search and Rescue (ACE) Fund and must:
- comply with the requirements of the Education and Training Act 2020, and
- comply with the conditions specified in its Memorandum of Understanding.
Funding rate
Funding for Search and Rescue (ACE) is set through the Government’s annual budget process.
It is agreed via the Memorandum of Understanding.
The TEC determines the amount of Search and Rescue (ACE) funding for a Community Education Provider.
Funding wash-ups
We pay funding for Search and Rescue (ACE) provision in monthly instalments on the first banking day of each month.
Payment amounts are equal from January to June, and equal from July to December.
For the 2022 methodology and technical specifications for calculating funding wash-ups, see Calculating the 2022 wash-up (PDF 1.1 MB).