Document ID: chunk:federal_register_of_legislation:C2022A00065:clause:1_101
Version: federal_register_of_legislation:C2022A00065
Segment Type: clause
Provision Reference: sch 1 cl 101
Character Range: 28062–28913

101  Subsection 32A(1)
Repeal the subsection, substitute:
 (1A) If the Emergency Management Minister decides that a grant of financial assistance should be made to a State or Territory under subsection 20(1A), the Emergency Management Minister may request the Finance Minister to transfer a specified amount (which must equal the amount of the grant) from the Disaster Ready Fund Special Account to the COAG Reform Fund.
 (1) If the Emergency Management Minister requests the Finance Minister under subsection (1A) to transfer an amount from the Disaster Ready Fund Special Account to the COAG Reform Fund, the Finance Minister must, by writing, direct that, on a specified day, a specified amount (which must equal the requested amount) is to be:
 (a) debited from the Disaster Ready Fund Special Account; and
 (b) credited to the COAG Reform Fund.