New South Wales Consolidated Acts

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STATE DEVELOPMENT AND INDUSTRIES ASSISTANCE ACT 1966 - SECT 20

Ministerial Corporation’s powers to make grants and pay subsidies

20 Ministerial Corporation’s powers to make grants and pay subsidies

(1) The Ministerial Corporation may, on application made to it:
(a) grant money to any person conducting or proposing to conduct an industry, or
(b) grant subsidies to Rail Corporation New South Wales or any other person or body in respect of the carriage of plant or equipment to be used for the conduct of an industry or the carriage of goods the product of, or to be used in, an industry, or
(c) grant money or pay subsidies to any business undertaking or prescribed institution so that the undertaking or institution may carry out a project likely to assist the establishment, expansion or development of an industry.
(2) The Ministerial Corporation’s decision on any such application shall be final.
(3) The approval of any such application may be subject to such conditions as the Ministerial Corporation thinks fit.



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