Document ID: chunk:federal_register_of_legislation:C2024A00068:clause:1_424g
Version: federal_register_of_legislation:C2024A00068
Segment Type: clause
Provision Reference: sch 1 cl 424G
Character Range: 10548–11529

424G  Terms and conditions for arrangements in relation to prescribed programs
 (1) If a party to an arrangement under section 424F is a corporation to which paragraph 51(xx) of the Constitution applies:
 (a) the terms and conditions on which money may be payable by the Commonwealth under the arrangement must be set out in a written agreement between the Commonwealth and the corporation; and
 (b) the corporation must comply with the terms and conditions.
 (2) Without limiting subsection (1), the terms and conditions must provide for the circumstances in which the corporation must repay amounts to the Commonwealth.
 (3) An agreement under subsection (1) may be entered into on behalf of the Commonwealth by the Minister.
 (4) This section does not, by implication, prevent an arrangement under section 424F between the Commonwealth and a person other than a corporation to which paragraph 51(xx) of the Constitution applies from being made subject to terms and conditions.