SOIL AND LAND CONSERVATION ACT 1945 - SECT 25D
SOIL AND LAND CONSERVATION ACT 1945 - SECT 25D
25D . Advances by Treasurer
(1) Where at any time
the moneys standing to the credit of the account maintained under
section 25C(1) are not sufficient to meet allocations made or to be made under
section 25C(4) the chief executive officer may borrow from the Treasurer to
enable those allocations to be met.
(2) Interest in
respect of moneys advanced under subsection (1) shall be paid at such rate and
at such times as the Treasurer determines.
(3) Moneys advanced
under subsection (1) and interest payable in respect thereof are charges upon
the Land Conservation Districts Account.
[Section 25D inserted: No. 42 of 1982 s. 28;
amended: No. 98 of 1985 s. 3; No. 46 of 1988 s. 12 and 19; No. 47 of 1994
s. 15; No. 77 of 2006 Sch. 1 cl. 158(9).]