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STATES (WORKS AND HOUSING) ASSISTANCE ACT 1982 No. 96, 1982 - SECT 5
Loans to States for welfare housing
5. (1) A State specified in column 1 of the Schedule may, during the year
ending on 30 June 1983, notify the Treasurer that, for the purpose of welfare
housing, it requires a loan of a specified amount, not being an amount that
exceeds the amount specified in column 4 of the Schedule opposite to the name
of that State, and, where it does so, the Treasurer may, during that year,
authorize the making of that loan by way of financial assistance for
expenditure by the State for that purpose.
(2) Subject to section 6, loans under sub-section (1) shall be made on such
terms and conditions as are specified in the agreement entered into between
the Commonwealth and the State in pursuance of the Housing Assistance Act 1981
in relation to loans, other than any terms and conditions of the agreement
relating to the provision of matching funds by the State.
(3) Payments for the purposes of this section shall be made in such amounts
and at such times as the Treasurer approves.
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