Transport Administration Act 1988

In the period of 12 months commencing on 1 July each year, TfNSW must make available the amount of subsidies that the Minister with the concurrence of the Treasurer estimates will be granted to councils under this Part in that period of 12 months.

The Minister, before the commencement of each period of 12 months referred to in subsection (1), is to serve a notice on TfNSW specifying the amount of the payment required.

An amount payable under this section in any period of 12 months is to be paid in such sum or sums, at such time or times during that period and in such manner as the Minister may require in and by the notice referred to in subsection (2).

TfNSW may make the whole or any part of a payment required by this section out of the TfNSW Fund.