Commonwealth Consolidated Acts

STATES (WORKS AND HOUSING) ASSISTANCE ACT 1985 - SECT 13

             (1)  The Treasurer may, during the period of 6 months commencing on 1 July 1986, 1 July 1987 or 1 July 1988, make payments to the Northern Territory, for the purpose of financial assistance for expenditure for the purpose of public housing, of amounts not exceeding in the aggregate 15% of the borrowing entitlement of the Territory for the relevant year ending immediately before that date.

             (2)  Payments under subsection (1) shall be made on such terms and conditions as are determined by the Treasurer at the time when the payments are made, being such terms and conditions as the Treasurer considers to be appropriate.

             (3)  In this section, borrowing entitlement has the same meaning as in section 10.