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STATES GRANTS (SCHOOLS ASSISTANCE) ACT 1984 No. 126 of 1984 - SECT 86
Application of moneys borrowed
86. Moneys borrowed under section 85 shall be issued and applied only for the
expenses of borrowing and-
(a) for the purpose of making payments to the States under section 9, 26
or 52;
(b) for the purpose of making advances under section 82 on account of
payments of that kind; and
(c) for the purpose of making payments to the Consolidated Revenue Fund in
accordance with section 87.
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