Document ID: chunk:federal_register_of_legislation:C2021A00089:clause:2_7
Version: federal_register_of_legislation:C2021A00089
Segment Type: clause
Provision Reference: sch 2 cl 7
Character Range: 21361–21930

7  Agreements regarding grants of financial assistance
(1) This item applies if:
 (a) a grant of financial assistance of a kind referred to in subsection 54(1), 55(1) or 56(1) of the OTA Act was made by the Board to a person before the commencement time; and
 (b) immediately before that time, an agreement setting out the terms and conditions on which the financial assistance was granted has not been entered into between the Commonwealth and the person.
(2) The Authority may, after the commencement time, enter into such an agreement on behalf of the Commonwealth.