Western Australian Numbered Acts

PERRY LAKES REDEVELOPMENT ACT 2005 (NO. 43 OF 2005) - SECT 45

45 .         Treasurer may make advances to the Fund

        (1)         Where the Treasurer is of the opinion that the moneys standing to the credit of the Fund are at any time insufficient for the purposes of this Act the Treasurer may advance to the Fund moneys sufficient for the time being to make up the deficiency.

        (2)         Moneys advanced under subsection (1) are to be subsequently repaid to the Treasurer as and when moneys are available to the Fund to make repayment.

        (3)         Moneys advanced by the Treasurer under this section are so long as they remain unpaid a charge on the Fund.