Document ID: chunk:federal_register_of_legislation:C2005C00099:section:8:p5
Version: federal_register_of_legislation:C2005C00099
Segment Type: section
Provision Reference: s 8 (pt 5/10)
Character Range: 12541–15122

it under clause 11.

Supporting Financial Evidence

14. (1) The State Government shall furnish to the Treasurer such documents and other evidence to justify the making of an advance under clause 12 or to show how an amount or any part of an amount, advanced under that clause has been used or applied, or to support a request by the State Government for a payment under clause 13 as the Treasurer may at any time reasonably request, whether the request by the Treasurer is made before or after the Australian Government has made any relevant advance or payment.

(2) Any statement of expenditure by the State Government forwarded to the Australian Government in connexion with a request for a payment under clause 13 shall be examined and reported upon in the manner more particularly described in sub-clause (2) of clause 19.

Repayments by the State

15. (1) Subject to the provisions of this clause, the State Government shall repay to the Australian Government each of the advances made and not refunded under clause 12 and of the payments made under clause 13 by sixty (or alternatively eighty, if a State so elects) equal consecutive half-yearly instalments, the first payment in each case to be made on the fifteenth day of January or of July that next occurs after the expiration of twelve months from the date on which the payment or advance was made to the State Government and subsequent payments to be made on each succeeding fifteenth day of July and of January.

(2) In addition to paying half-yearly instalments in accordance with sub-clause (1) of this clause and without prejudice, unless and until the whole of an advance or payment has been repaid, to the obligation to pay instalments under that sub-clause, the State Government may at any time, after having given to the Treasurer notice in writing of at least one month of is intention to do so, pay to the Australian Government the whole or a part not being less than One hundred thousand dollars ($100,000) of so much of an advance or payment as remains unrepaid under this clause and interest shall cease to become payable under clause 16 in respect of an amount so paid.

Interest

16. (1) The State Government shall pay to the Australian Government interest at the rate provided in this clause in respect of each advance or payment made to the State Government under clause 12 or clause 13 calculated from the date on which the advance or payment was made on so much of the advance or payment as for the time being has not been repaid by the State Government under the last preceding clause or, in the