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WEST BEACH RECREATION RESERVE ACT 1987 - SECT 18

WEST BEACH RECREATION RESERVE ACT 1987 - SECT 18

18—Power to advance money, to act as guarantor etc

        (1)         The Trust may submit for the Minister's approval a scheme for subsidising (by grant, loan or guarantee) work related to the Reserve, or the provision or maintenance of a service or facility on the Reserve, to be undertaken by a third party.

        (2)         The Trust may, with the approval of the Minister, amend a scheme previously submitted and approved under this section.

        (3)         An approved scheme and any amendment to it must be published in the Gazette.

        (4)         A proposal of the Trust to lend or advance any money or securities requires the approval of the Treasurer.