MEAT INDUSTRY ACT 1993 - SECT 63 Repayment of advances
MEAT INDUSTRY ACT 1993 - SECT 63
Repayment of advancesS. 63(1) amended by No. 28/2007 s. 3(Sch. item 42.2).
(1) The Authority must pay into the Public Account amounts that the Finance Minister, in consultation with the Treasurer, determines are required to repay advances made by the Finance Minister for the establishment and operation of the Authority, including costs incurred before the establishment of the Authority to ensure that when established it can operate in a fully effective way.
S. 63(2) amended by No. 28/2007 s. 3(Sch. item 42.2).
(2) Payments under subsection (1) must be made in accordance with any other terms and conditions from time to time determined by the Finance Minister in consultation with the Treasurer.
(3) The Authority must, as and when directed to do so by the Minister, provide a plan for the repayment of advances referred to in subsection (1).
(4) The Authority must, at least once in each period of 6 months after the commencement of this section and at any other time that the Minister directs it to do so, report in writing to the Minister on its progress in making payments under subsection (1).
(5) The Minister may direct the Authority to increase fees determined by it under this Act to the extent that the Minister considers necessary to enable the Authority to meet payments under subsection (1).