NATIONAL ROADS ACT 1974 No. 52, 1974 - SECT 7 Grant of financial assistance to States.

NATIONAL ROADS ACT 1974 No. 52, 1974 - SECT 7

7. (1) Subject to this Act, where a State has, during a year to which this Act
applies, expended an amount in respect of an approved project, there is
payable to the State, by way of financial assistance, an amount equal to the
amount so expended.

(2) The sum of the amounts paid under this section to a State in respect of
expenditure during a year to which this Act applies, in relation to the
construction of national highways, shall not exceed the amount specified
opposite to the name of that State, in relation to that year, in Schedule 1.

(3) The sum of the amounts paid under this section to a State in respect of
expenditure during a year to which this Act applies, in relation to the
maintenance of national highways, shall not exceed the amount specified
opposite to the name of that State, in relation to that year, in Schedule 2.

(4) The sum of the amounts paid under this section to a State in respect of
expenditure during a year to which this Act applies, in relation to the
construction and maintenance of export roads and major commercial roads, shall
not exceed the amount specified opposite to the name of that State, in
relation to that year, in Schedule 3.

(5) For the purposes of sub-section (1), a reference to an approved project
includes a reference to a project by way of the construction or maintenance of
a national road that was carried out after 30 June 1974 and before the date
fixed by the Minister in accordance with paragraph 6 (10) (a).

(6) Subject to sub-section (7), a State may treat moneys expended by the State
in a year to which this Act applies directly in connexion with the provision
or maintenance of roads, including national roads, in the State, other than
moneys expended in respect of particular road works, as having, for the
purposes of this section, been expended in that year by the State in respect
of an approved project carried out by the State in that year.

(7) Moneys treated as having been expended in respect of an approved project
in a year by virtue of sub-section (6)-

   (a)  shall not include any moneys treated, by virtue of that sub- section,
        as having been expended in respect of any other approved project or
        treated, by virtue of sub-section 6 (10) of the Roads Grants Act 1974,
        as having been expended in respect of an approved project within the
        meaning of that Act; and

   (b)  shall not exceed, in the aggregate, 4 per centum of the moneys
        otherwise expended in respect of that project in that year.