TRANSPORT ADMINISTRATION ACT 1988 - SECT 76
Payment of dividend to Treasurer
TRANSPORT ADMINISTRATION ACT 1988 - SECT 76
Payment of dividend to Treasurer
76 Payment of dividend to Treasurer
(1) The State Transit Authority shall pay to the Treasurer, out of any surplus
for a financial year, such dividend as the Minister determines.
(2) The
Minister shall not make a determination under this section unless--
(a) the
Minister has had regard to the advice of the State Transit Authority on the
financial affairs of the Authority and any recommendation with respect to the
determination, and