Commonwealth Numbered Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]
LAND COMMISSIONS (FINANCIAL ASSISTANCE) ACT 1973 No. 192 of 1973 - SECT 7
Advances.
7. (1) The Treasurer may, at such times and in such amounts as he thinks fit,
make advances on account of payments that may become payable under section 5.
(2) An amount, or part of an amount, advanced to a State under this section
may be deducted from an amount that subsequently becomes payable to that State
under section 5.
(3) If the total amount of the payments under section 5, and the advances
under this section, made to a State exceeds the total amount payable under
section 5 to that State, the amount of the excess shall be repaid by the State
to Australia at the request of the Treasurer.
(4) A State shall ensure that an amount, or any part of an amount, advanced to
the State and not repaid under sub-section (3) is not used or applied except
for the purpose of reimbursing the expenditure to which the advance relates.
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback