Commonwealth Consolidated Acts(1) If the Minister for Community Services and Health becomes satisfied that a State has not complied with the condition specified in section 8 in relation to a loan:
(a) that Minister shall inform the Treasurer accordingly; and
(b) the Treasurer may give the Treasurer of the State a notice in writing stating that the terms and conditions relating to interest on, and the repayment of, a specified part of the loan, being such part as the Treasurer considers to be appropriate, are to be the terms and conditions set out in the notice, being terms and conditions that the Treasurer, having regard to the terms and conditions relating to interest on, and the repayment of, other loans made by the Commonwealth to States, considers to be appropriate;
and, if such a notice is given, it has effect accordingly.
(2) If the Minister for Community Services and Health becomes satisfied that a State has not expended, or committed itself to expend, in respect of the 1988-89 year in relation to public housing, the whole or a part of the money available to the State by way of a loan made to the State under subsection 7(1):
(a) that Minister shall inform the Treasurer accordingly; and
(b) the Treasurer may give the Treasurer of the State a notice in writing stating that the terms and conditions relating to interest on, and the repayment of, the loan or a specified part of the loan, being such part as the Treasurer considers to be appropriate, as the case may be, are to be the terms and conditions set out in the notice, being terms and conditions that the Treasurer, having regard to the terms and conditions relating to interest on, and the repayment of, other loans made by the Commonwealth to States, considers to be appropriate;
and, if such a notice is given, it has effect accordingly.
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