Authorised representative (authorised signatory)
An authorised representative is a person duly appointed to act on behalf of a school's Government School Community Organisation. For example the representative could be the Chairperson or Treasurer of the school council or even the principal of the school. The authorised representative is likely to be the authorised signatory as well.
Body corporate
A body corporate is a legal entity (other than an individual) that can sue and be sued in its own right. See also Incorporated association in this glossary.
Goods and Services Tax (GST)
The way GST is applied to any IOSP funding varies depending on whether you apply as a SPB or GSCO and whether or not you are registered for GST. For specific details about your GST requirements see Dealing with GST.
Government School Community Organisation (GSCO)
A GSCO is a body corporate (legal entity) connected with the school, which represents the school’s community. Once approved by the Minister, a GSCO can receive and administer funding from the Programme. For more, please see the Government Community School Organisation information on this web site.
Incorporated association (incorporated body, body corporate)
An incorporated association (sometimes also called an incorporated body or body corporate) is considered to be any artificial legal entity that has a separate legal personality. It has the power to act, hold property, enter into legal contracts, sue and be sued in its own name, just as a person can. If an entity is not established under an Act of Parliament, or under a statutory procedure of registration, such as the Corporations Law or an Incorporation Act, it is generally not an incorporated body. Each state and territory has legislation that allows various kinds of non-profit bodies to become bodies corporate. Bodies incorporated under these Acts are normally community, cultural, educational or charitable type organisations.
Qualified accountant
For the purposes of providing acquittal for IOSP grant funding under the Schools Assistance (Learning Together – Achievement Through Choice and Opportunity) Act 2004, a qualified accountant is defined as a person who:
(a) is registered, or is taken to be registered, as a company auditor under Part 9.2 of the Corporations Act 2001; or
(b) is a member of CPA Australia or the Institute of Chartered Accountants in Australia
(c) is approved by the Minister as a qualified accountant for the purposes of the Act
School communities
A school community is defined as a school that is recognised by its state/territory government as being a school, with permanently enrolled students, together with parents, teachers, friends, former students, counsellors/social workers and other people who are connected with the school.
School Parent Body (SPB)
A School Parent Body includes organisations such as a school council, parent association or parent & citizen committee (P&C), and must include parents or parent representatives of currently enrolled students at a specified school and may include the school principal.