36AB
In forceDebits from the Federation Reform Fund
Part 3Arrangements and grants relating to drought resilience
Division 5AChannelling State/Territory grants through the Federation Reform Fund
36AB Debits from the Federation Reform Fund
If an amount has been credited under paragraph 36AA(1)(b) to the Federation Reform Fund for a purpose in relation to a grant of financial assistance to a State or Territory, the Treasurer must:
(a)
ensure that the Federation Reform Fund is debited for the purposes of making the grant; and
(b)
do so as soon as practicable after the amount has been credited.
This Act’s bill:Explanatory memorandumSecond reading speech
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