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STATES (WORKS AND HOUSING) ASSISTANCE ACT 1988 No. 82, 1988 - SECT 9
Variation of conditions relating to loan to State
9. (1) If the Minister for Community Services and Health becomes satisfied
that a State has not complied with the condition specified in section 8 in
relation to a loan:
(a) that Minister shall inform the Treasurer accordingly; and
(b) the Treasurer may give the Treasurer of the State a notice in writing
stating that the terms and conditions relating to interest on, and the
repayment of, a specified part of the loan, being such part as the
Treasurer considers to be appropriate, are to be the terms and
conditions set out in the notice, being terms and conditions that the
Treasurer, having regard to the terms and conditions relating to
interest on, and the repayment of, other loans made by the
Commonwealth to States, considers to be appropriate; and, if such a
notice is given, it has effect accordingly.
(2) If the Minister for Community Services and Health becomes satisfied that a
State has not expended, or committed itself to expend, in respect of the
1988-89 year in relation to public housing, the whole or a part of the money
available to the State by way of a loan made to the State under subsection 7
(1):
(a) that Minister shall inform the Treasurer accordingly; and
(b) the Treasurer may give the Treasurer of the State a notice in writing
stating that the terms and conditions relating to interest on, and the
repayment of, the loan or a specified part of the loan, being such
part as the Treasurer considers to be appropriate, as the case may be,
are to be the terms and conditions set out in the notice, being terms
and conditions that the Treasurer, having regard to the terms and
conditions relating to interest on, and the repayment of, other loans
made by the Commonwealth to States, considers to be appropriate; and,
if such a notice is given, it has effect accordingly.
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