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Roads to Recovery Bill 2000

Part 2 Funding for roads

   

5   Gazettal of list of funding recipients

                   As soon as possible after the commencement of this Act, the Minister must publish a list in the Gazette , setting out:

                     (a)  each of the amounts that was set out in the tabled list; and

                     (b)  in relation to each of those amounts, the name of the funding recipient.

Note:          The names set out in the tabled list are not necessarily the correct legal names of the funding recipients. The purpose of the published list is to substitute the correct legal names of the recipients.

6   Payments to funding recipients

             (1)  Subject to this Act, each amount set out in the published list is payable to the funding recipient concerned.

             (2)  The amount is payable in one or more instalments. The amounts and timing of instalments are to be determined by the Minister.

             (3)  The Consolidated Revenue Fund is appropriated for payments under this section.

             (4)  Payments under this section must be made before 1 July 2005.

7   Funding conditions

             (1)  The Minister must, by notice in the Gazette , determine the conditions that apply to payments under this Act.

             (2)  The conditions must include:

                     (a)  conditions that require the money to be used for roads expenditure; and

                     (b)  conditions that require the expenditure to be properly accounted for; and

                     (c)  conditions that require the maintenance of levels of roads expenditure that are funded otherwise than under this Act; and

                     (d)  conditions that require signs to be displayed in relation to projects that are funded under this Act.

             (3)  The conditions may also include:

                     (a)  conditions requiring the funding recipient to repay amounts to the Commonwealth in the event of a breach of the conditions; and

                     (b)  conditions requiring the funding recipient to comply with guidelines determined by the Minister under section 11.

             (4)  Subsections (2) and (3) do not limit the matters that may be dealt with in the conditions.

             (5)  The Minister may, by notice in the Gazette , revoke or vary any of the conditions.

8   Replacement funding recipients

                   If a funding recipient ceases to exist before it has received the full amount payable to it, the Minister must, by notice in the Gazette , specify one or more bodies to replace it. A replacement body must be either a local governing body or a State.