Recommended Sponsor Painted-Moon.com - Buy Original Artwork Directly from the Artist

Source: Tertiary Education Commission

Last updated 6 July 2023
Last updated 6 July 2023

Print

Share

Funding for Search and Rescue provision is allocated for a specific number of hours of training.

Funding for Search and Rescue provision is allocated for a specific number of hours of training.

Funding
The Minister responsible for tertiary education issues the Delegation to fund emergency management and search and rescue training. The funding delegation outlines the general form and essential components of the fund. It provides the mandate for the Tertiary Education Commission (TEC) to allocate the funding, what the funding can be used for, and how we administer the fund.
Funding is agreed via a Memorandum of Understanding.
The Ministry of Transport receives Search and Rescue Fund funding and must:
Funding allocation and payments
Funding for Search and Rescue is set through the Government’s annual budget process. 
The TEC determines the amount of Search and Rescue funding for the Ministry of Transport.
Search and Rescue funding is paid in equal monthly instalments on the first banking day of each month.
Funding wash-ups
For the calculation of funding wash-ups see the methodology and technical specifications from the relevant year. The most recent information is at the top.

MIL OSI