(1) A contract or arrangement made or entered into by a transport authority
for the carrying out of works or the performance of services may provide for--
(a) the whole or any part of the works to be undertaken by the authority, or
(b) the whole or any part of the cost of the works to be paid by the
authority, or
(c) a loan to be made by the authority to meet the whole or any
part of the cost of the works, or
(d) the authority to pay the whole or any
part of the cost of providing the services during a specified period.
(2) A
transport authority may make and enter into contracts or agreements for the
payment of money (or the carrying out of works) in settlement of a claim
brought against the authority for compensation or damages in relation to the
functions of the authority.
(3) A contract under this section shall be deemed
for the purposes of the Constitution Act 1902 to be a contract for or on
account of the Public Service of New South Wales.
