44
CurrentLoans for training purposes
Part 5Funds
Division 1Industry funds
44 Loans for training purposes
(1)
An industry board may, with the approval of the Minister and the
Treasurer, lend money from its industry fund to an industrial association or organisation for the purpose of establishing or operating a group training scheme for its designated sector.
(2)
A loan under subsection (1) will be subject to such terms and conditions as the Minister and the
Treasurer think appropriate.
This Act’s bill:Second reading speech
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