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STATES GRANTS (PRIMARY AND SECONDARY EDUCATION ASSISTANCE) ACT 1996 No. 70, 1996 - SECT 86
86 Application of money borrowed
Money borrowed under section 85 is to be applied only for the expenses of
borrowing and for:
(a) making payments to the States under section 46 or 49 or paragraph
69(1)(b) or 72(1)(b); and
(b) making advances under section 83 on account of payments of that kind;
and
(c) making payments to the Consolidated Revenue Fund in accordance with
section 87.
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