This legislation has been repealed.
(1) Subject to subsection (4) and to section 11, the Northern Territory may, on or before 31 December 1983, notify the Treasurer that, for the purpose of expenditure in respect of the relevant year in relation to public housing, it requires a loan of a specified amount, not being an amount that exceeds $86,042,000, and, where it does so, the Treasurer may, during the relevant year, authorize the making of that loan by way of financial assistance to the Northern Territory for that purpose.
(2) Subject to sections 11 and 12, a loan under subsection (1) shall be made on such terms and conditions as are specified in the agreement entered into between the Commonwealth and the Northern Territory in pursuance of the Housing Assistance Act 1981 in relation to loans, other than any terms and conditions of the agreement relating to the provision of matching funds by the Northern Territory.
(3) Payments for the purposes of this section shall be made in such amounts and at such times as the Treasurer approves.
(4) Nothing in this Act, the Supply Act (No. 2) 1983-84 or the Appropriation act (No. 2) 1983-84 shall be taken to authorize:
(a) the payment to the Northern Territory by way of a loan under this section; or
(b) the payment to the Northern Territory out of such of the moneys appropriated by the Appropriation Act (No. 2) 1983-84 as are specified in item 3 of Division 977 in Schedule 2 to that Act;
of an amount the payment of which would result in the sum of the payments under this section and the payments out of the moneys referred to in paragraph (b) exceeding $86,042,000.
(5) The Acts specified in subsection (4) have effect subject to that subsection.