New South Wales Consolidated Acts

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PUBLIC AUTHORITIES (FINANCIAL ARRANGEMENTS) ACT 1987 - SECT 37

Amounts payable by Corporation

37 Amounts payable by Corporation

(1) Any money payable by the Financing Corporation in relation to financial accommodation obtained by it under this Part is to be paid to the Financing Corporation:
(a) unless a direction is given under paragraph (b), out of the Consolidated Fund, or
(b) if the Treasurer so directs, out of funds of a public authority which has received funding through the financial accommodation.
(2) Money to be paid out of the Consolidated Fund to the Financing Corporation under this section may be paid without any further appropriation than this Act.



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