Subsidies
23 Subsidies
The
Treasurer must, out of money to be provided by Parliament for the purpose, as soon as practicable after the commencement of each financial year, pay to the board—
a subsidy at the rate of $1 for every dollar of the rates and contributions by councils declared by the board for each such financial year and payable in respect of each such financial year;
and
a subsidy, at the rate of $1 for every dollar paid, or to be paid, in a particular financial year to the board from a fund under the
Primary
Industry Funding Schemes Act 1998 that is prescribed by the regulations for the purposes of this paragraph.
This Act’s bill:Second reading speech
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