Funding and payments – Emergency Management (ACE)
Funding and payments – Emergency Management (ACE)
Funding for Emergency Management (ACE) Adult and Community Education (ACE) provision is allocated for a specific number of hours of training.
Funding for Emergency Management (ACE) 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 Emergency Management (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 National Emergency Management Agency (NEMA) receives Emergency Management (ACE) funding 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 Emergency Management (ACE) is set through the Government’s annual budget process. It is agreed via a Memorandum of Understanding.
The TEC determines the amount of Emergency Management (ACE) funding for NEMA.
Payments
We pay funding for Emergency Management (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.
Funding wash-ups
For the 2022 methodology and technical specifications for calculating funding wash-ups, see Calculating the 2022 wash-up (PDF 1.1 MB).