Rail facilitation projects
5 Rail facilitation projects
The Minister may apply money from the Fund towards rail facilitation projects (whether carried out by the Minister or by any other person or body), other than projects for the facilitation of metropolitan passenger rail services.
A rail facilitation project is a project for—
the establishment, extension or improvement of a railway or associated equipment or infrastructure; or
the acquisition or development of land for a purpose associated with a railway; or
promoting, supporting or improving rail transport in some other way.
Money may be applied under this section—
by way of grant; or
by way of loan; or
for the purchase of land, equipment, infrastructure or materials; or
for the performance of any work or the provision of any service; or
in any other manner authorised by the Treasurer.
The Minister may enter into an agreement with any other person or body as to the terms on which money will be made available under this section.
This Act’s bill:Second reading speech
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