Commonwealth Consolidated Acts

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NATIONAL RADIOACTIVE WASTE MANAGEMENT ACT 2012 - SECT 34AC

Terms and conditions of payment

Scope

  (1)   This section applies to a payment made to the NRWMF Community Fund entity under section   34AB.

Terms and conditions

  (2)   The terms and conditions on which that payment is made are to be set out in a written agreement between the Commonwealth and the entity.

  (3)   An agreement under subsection   ( 2) may be entered into by the Minister on behalf of the Commonwealth.

  (4)   The entity must comply with the terms and conditions set out in the agreement.

Core condition

  (5)   The agreement must include a condition to the effect that the entity will use the payment for purposes associated with the economic and social sustainability of the host community for the facility, so as to support:

  (a)   the establishment of the facility; and

  (b)   the operation of the facility in safely and securely managing controlled material.

Other terms and conditions

  (6)   The terms and conditions set out in the agreement must provide for the circumstances in which the entity must repay amounts to the Commonwealth.

Note:   An amount repayable to the Commonwealth would be a debt due to the Commonwealth.

  (7)   The regulations may prescribe other terms and conditions that are to be set out in the agreement.

  (8)   Subsections   (5), (6) and (7) do not limit subsection   ( 2).

 



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