Document ID: chunk:federal_register_of_legislation:F2019C00466:reg:5
Version: federal_register_of_legislation:F2019C00466
Segment Type: reg
Provision Reference: reg 5
Character Range: 3969–4606

5  Prescription of program
 (1) For the purposes of subsection 8(5) of the Act, the program is prescribed.

Purpose of program
 (2) The purpose of the program is to provide loans to farm businesses that have suffered direct damage as a result of the North Queensland floods of January and February 2019.

Specified constitutional basis of program
 (3) For the purposes of paragraph 8(5)(a) of the Act, the constitutional basis for the program is the power of the Parliament to make laws with respect to measures that are peculiarly adapted to the government of a nation and cannot otherwise be carried on for the benefit of the nation.