New South Wales Repealed Acts New South Wales Repealed ActsThis legislation has been repealed.
(1) In respect of the loan liability of the Commission to the Treasurer as determined in accordance with section 36 the Commission shall pay to the Colonial Treasurer such amounts for interest, exchange, sinking fund contributions and other charges as the Colonial Treasurer may from time to time determine:
Provided that the amounts so determined in any year shall, unless the Colonial Treasurer otherwise directs, be the amounts chargeable in that year.
(2) The amounts determined by the Colonial Treasurer under subsection (1) shall not exceed the amounts which the Colonial Treasurer calculates as being as nearly as practicable sufficient to recoup the State for interest, exchange, sinking fund contributions and other charges payable by the State in respect of the loan liability of the Commission to the Treasurer.
(3) Payments by the Commission in accordance with the provisions of subsection (1) shall be made in such amounts and at such times as the Colonial Treasurer may from time to time direct.