Victorian Current Acts

CARLTON (RECREATION GROUND) LAND ACT 1966 - SECT 4

S. 4(1) amended by Nos 7583 s. 5, 88/1995 s. 5, 79/2013 s. 33.

    (1)     The corporation may apply out of the municipal fund a sum or sums not exceeding in the aggregate $200 000 for the purpose of making a loan or loans to any lessee of the leasable land for the purpose of erecting buildings on or making other improvements to the leasable land.

S. 4(2) amended by No. 7583 s. 5.

    (2)     Any loan made by the corporation to a lessee shall be upon such terms and conditions as the corporation thinks fit.

S. 5
inserted by No. 88/1995 s. 6, repealed by No. 79/2013 s. 34.

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S. 6
inserted by No. 88/1995 s. 6.