5
In forceLoans under the Agreement
5 Loans under the Agreement
(1)
Subject to the Agreement, any loan or grant made by the Treasurer in pursuance of the Agreement must be made on terms and conditions determined by the Treasurer and approved by the Minister.
(2)
Notwithstanding any other Act or law, a body or authority to which a loan or grant is made in pursuance of the Agreement is authorised to accept the loan or grant, and to expend the money lent or granted, in accordance with the terms and conditions on which the loan or grant was made.
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