Commonwealth Numbered Acts

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TEXTILE, CLOTHING AND FOOTWEAR STRATEGIC INVESTMENT PROGRAM ACT 1999 - SECT 20

Advances on account of grants
(1)
The TCF (SIP) scheme may provide for advances on account of grants that may become payable.

(2)
If:

(a)
an entity receives an amount by way of an advance on account of a grant that may become payable to the entity; and

(b)
that amount is greater than the amount of the grant;

the entity is liable to pay to the Commonwealth the amount of the excess.



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