Australian Capital Territory Numbered Acts

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APPROPRIATION (HIH) ACT 2000-2001 (NO. 33 OF 2001) - SECT 25B

Repayment of Territory contributions to fund

    (1)     If the Territory has made a contribution to the fund that has not been repaid to the Territory in full and the Treasurer is satisfied the fund contains an amount (the surplus amount ) that is not needed to meet reasonably foreseeable claims against the fund, the Treasurer may in writing direct the manager to repay to the Territory so much of the Territory contribution as is not more than the surplus amount.

    (2)     On receiving a direction under subsection (1), the manager must pay to the Territory the amount stated in the direction.



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