Commonwealth Numbered Acts

ABORIGINAL AND TORRES STRAIT ISLANDER COMMISSION AMENDMENT ACT (No. 3) 1993 No. 1 of 1994 - SECT 45

45. Sections 22, 23, 24 and 25 of the Principal Act are repealed and the
following section is substituted: Commission to formulate decision-making
principles about grants, loans and guarantees

"22.(1) The Commission must formulate written principles ('decision-making
principles'), not inconsistent with the objects of this Act, about:

   (a)  making grants and loans under section 14 or 16; and

   (b)  giving guarantees under section 15; and

   (c)  subscribing for, or otherwise acquiring, shares or stock under section
        17. 

"(2) Subject to section 74, the Commission must perform its functions and
exercise its powers under sections 14, 15, 16 and 17 in accordance with
applicable provisions of the decision-making principles in force from time to
time.

"(3) Without limiting the operation of the Freedom of Information Act 1982,
the Chief Executive Officer must ensure that copies of the decision-making
principles as in force from time to time are:

   (a)  given to each Regional Council; and

   (b)  available for inspection and purchase at each of the Commission's
        offices.

"(4) The Chief Executive Officer must cause notice of the making of
decision-making principles to be published in the Gazette.".