Grants or subsidies using government funds
27 Grants or subsidies using government funds
This section applies if the board proposes to make or give a grant or subsidy to a local government using government funds.
The board must prepare and give to the Minister a draft methodology for calculating the amount of the grant or subsidy the board proposes to make or give to the local government.
If the Minister approves the draft methodology, the draft methodology has effect as the methodology for subsection (4).
The board must not approve the making or giving of the grant or subsidy to the local government unless the amount of the grant or subsidy is calculated in accordance with the methodology approved by the Minister under subsection (3).
In this section—government funds means an amount appropriated by Parliament for a department that is granted by that department to the board.
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