77
CurrentCommonwealth funding for Black Spot Projects
Part 7Black Spot Projects
Division 2Provision of Commonwealth funding
77 Commonwealth funding for Black Spot Projects
(1)
Commonwealth funding for a Black Spot Project may be provided to the approved funding recipient:
(a)
in accordance with section 78; or
(b)
if the project approval instrument for the project states that the approval is conditional on a funding agreement being entered into—in accordance with a funding agreement, entered into with the approved funding recipient, that satisfies the requirements of section 75.
(2)
The payments of funding are to be made out of money appropriated by the Parliament.
This Act’s bill:Explanatory memorandumSecond reading speech
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