Commonwealth Numbered Acts

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ABORIGINAL AND TORRES STRAIT ISLANDER COMMISSION ACT 1989 No. 150 of 1989 - SECT 18

Loans or grants for specific purposes
18. (1) Subject to subsections (2) and (3), the Commission may, on such terms
and conditions as it determines, make loans or grants of money to:

   (a)  the States, the Australian Capital Territory and the Northern
        Territory;

   (b)  State, Territory and local government bodies;

   (c)  Aboriginal or Torres Strait Islander corporations; or

   (d)  any other incorporated bodies; for the purpose of futhering the
        social, economic or cultural development of Aboriginal persons or
        Torres Strait Islanders.

(2) The Commission may not make a loan or grant to a body under subsection (1)
if the loan or grant is of a kind that could be made to that body under
section 15, 16 or 17.

(3) The Commission may not make a loan or grant pursuant to paragraph (1) (d)
without the Minister's written consent. 


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