Channelling State/Territory grants through the Federation Reform Fund
36AA Channelling State/Territory grants through the Federation Reform Fund
If the Drought Minister decides that a grant of financial assistance should be made to a State or Territory under section 21, the Drought Minister must, by writing, direct that, on a specified day, a specified amount (which must equal the amount of the grant) is to be:
debited from the Agriculture Future Drought Resilience Special Account; and
credited to the Federation Reform Fund.
The direction must be expressed to be given in order to enable the amount to be debited from the Federation Reform Fund for the purpose of making the grant.
Two or more directions under subsection (1) may be set out in the same document.
A direction under subsection (1) is not a legislative instrument.
The Drought Minister must give a copy of a direction under subsection (1) to the Treasurer and the Finance Minister.
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