Document ID: chunk:federal_register_of_legislation:C2013C00589:clause:1_316
Version: federal_register_of_legislation:C2013C00589
Segment Type: clause
Provision Reference: sch 1 cl 316
Character Range: 98965–99504

316  Subsections 40(2) and (3)
Repeal the subsections, substitute:
 (2) If an amount is paid to the Commonwealth under subsection (1), the Commonwealth must pay to the 1992 Fund an amount equal to that amount.
 (3) A payment of an amount to the 1992 Fund under subsection (2) is subject to the condition that, if the Commonwealth becomes liable to refund the whole or part of that amount, the 1992 Fund must pay to the Commonwealth an amount equivalent to the amount that the Commonwealth is liable to refund.

Sea Installations Act 1987