Capital expenditure of TDR
22 Capital expenditure of TDR
TDR shall meet any capital expenditure from – money appropriated by Parliament from the Public Account for the purpose; money borrowed by TDR under section 24; or money received by TDR pursuant to an order under section 10.
For the purposes of subsection (1), a loan of money made by TDR under section 9(2)(b) shall be treated as capital expenditure.
Where TDR receives an amount by way of repayment of a loan made from money appropriated by Parliament for the purpose, TDR shall repay that amount to the Public Account in accordance with any directions given by the Treasurer.
This Act’s bill:Explanatory notesSecond reading speech
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