Commonwealth Numbered Acts

SHIP CONSTRUCTION BOUNTY ACT 1975 No. 79, 1975 - SECT 16

16. (1) An advance on account of bounty may be made to a person on such terms
and conditions, including terms and conditions relating to the insurance of
the vessel, as are approved by the Minister.

(2) If a person receives by way of advances on account of bounty in respect of
the construction or modification of a vessel an amount greater than the amount
of bounty payable to him in respect of that construction or modification, he
is liable to repay to Australia the amount of the excess, and Australia may
recover that amount as a debt due to Australia by action in a court of
competent jurisdiction.

(3) If a person receives an amount by way of advances on account of bounty and
the bounty does not become payable, he is liable to repay to Australia the
amount so received and Australia may recover that amount as a debt due to
Australia by action in a court of competent jurisdiction.