Glossary
Search in alphabetical order.
Acquittal
Reporting requirements for a funded project to demonstrate that the funds have been applied in accordance with the funding agreementAssessment
A grant application is assessed against identified criteria by one or more assessors and/or panels to produce a final recommendation on successful and unsuccessful applicationsAuspice
An auspice is a legal entity (for example, an incorporated organisation) that is nominated by an applicant who is not a legal entity (for example, an unincorporated body) to sign the Funding Agreement. The Auspice then takes all legal (for example, occupational health and safety responsibility) and financial responsibility for the grant funding and project outcomesAuthorised person
This is the person who is authorised by the organisation to make the application and/or manage the funds on their behalfDPCD
Department of Planning and Community DevelopmentEligibility Criteria
Inclusion and exclusion requirements for who can apply and/or participate in a grant programFAQ
Frequently Asked QuestionsFunding Agreement
Agreement between State of Victoria and the recipient relating to a grant which identifies the obligations and requirements of both partiesFY
Financial YearGrant funds manager
If the application is successful, the recipient or the nominated auspice is known as the Grant Funds Manager, as they sign the Funding Agreement and thereby take responsibility for the grant project funding and project outcomesGST
Goods and Services Tax. For information about GST and ABN's contact the Australian Taxation Office websiteIncorporated body
An incorporated body is an association or group of people who, as a group, are recognised as a legal entity separate from its members. Incorporation requires that the association complies with the legislative provision under which it is incorporatedIneligible
An application that does not meet the eligibility requirements identified in the guidelines for grant programLegally constituted organisation
A legally constituted organisation is an entity which has rights and responsibilities under law. (Examples include: companies, government departments, incorporated associations)Milestone
A grant activity that is agreed and has to be delivered as part of a funding agreementProject location
This is the main project location, ie where the majority of your planned activity will be taking placeRCTI
Recipient Created Tax Invoice. For information about RCTI’s contact the Australian Taxation Office Web siteFor more information
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