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AGED OR DISABLED PERSONS HOMES ACT 1974 No. 115 of 1974 - SECT 9
Amount of grants.
9. Section 9 of the Principal Act is amended by omitting sub-section (1) and
substituting the following sub-sections:-
"(1) Subject to this section, the amount of a grant under this Part in respect
of an approved home shall be an amount not exceeding-
(a) four-fifths of the capital cost of the home; or
(b) four times the amount of the funds of the eligible organization
available for expenditure toward the capital cost of the home,
whichever is the less.
"(1A) For the purpose of sub-section (1), the amount of the funds of an
eligible organization available for expenditure towards the capital cost of an
approved home shall be deemed to be the sum of the moneys (if any) expended,
and the moneys presently available for expenditure, by the organization toward
the capital cost of the home, being moneys that the Director-General is
satisfied-
(a) in the case of an organization that is not a local governing body-did
not become available as a result of the borrowing of those moneys or
of any other moneys by the organization, and were not received by the
organization from the Government of Australia or of a State or from a
Government authority;
(b) in the case of an organization that is a local governing body-were not
received by the organization (otherwise than as a result of the
borrowing of those moneys by the organization) from the Government of
Australia or of a State or from a Government authority; and
(c) in the case of an organization that is not a local governing body but
which received the moneys from a local governing body-were not
received by the local governing body (otherwise than as a result of
the borrowing of those moneys by the local governing body) from the
Government of Australia or of a State or from a Government
authority.".
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