Commonwealth Consolidated Acts

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NATIONAL LAND TRANSPORT ACT 2014 - SECT 16

Commonwealth funding for Investment Projects

  (1)   Commonwealth funding for an Investment Project may be provided to the approved funding recipient:

  (a)   in accordance with section   17; or

  (b)   if the project approval instrument states that the approval is conditional on a funding agreement being entered into--in accordance with a funding agreement, entered into with the approved funding recipient, that satisfies the requirements of section   14.

  (2)   The payments of funding are to be made out of money appropriated by the Parliament.



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