Document ID: chunk:federal_register_of_legislation:C2014A00101:clause:1_53
Version: federal_register_of_legislation:C2014A00101
Segment Type: clause
Provision Reference: sch 1 cl 53
Character Range: 25635–26907

53  Transitional—Nation Building Program Black Spot Projects

Part 7 instruments
(1) An instrument in force under Part 7 of the old law immediately before the commencement of this item in relation to a project that was a Nation Building Program Black Spot Project has effect, on and after that commencement, as if:
 (a) that project were a Black Spot Project; and
 (b) that instrument were in force under Part 7 of the new law in relation to that Black Spot Project.
(2) Subitem (1) does not prevent a variation or revocation of that instrument on or after the commencement of this item.

Funding agreement
(3) A funding agreement in force in relation to the Nation Building Program Black Spot Project immediately before the commencement of this item has effect, on and after that commencement, as if it were a funding agreement in force in relation to the Black Spot Project.
(4) Subitem (3) does not prevent a variation or termination of that agreement on or after the commencement of this item.

Funding conditions
(5) The conditions that applied under section 79 of the old law to a payment of Commonwealth funding for the Nation Building Program Black Spot Project that was made before the commencement of this item continue to apply on and after that commencement.