Document ID: chunk:federal_register_of_legislation:F2024L00670:reg:8:p2
Version: federal_register_of_legislation:F2024L00670
Segment Type: reg
Provision Reference: reg 8 (pt 2/2)
Character Range: 13416–14486

an initial payment report within one calendar month after the start of the Roads to Recovery funding period.
       (5)    Paragraph 8(2)(a) does not apply to an initial payment report which is only to specify the Roads to Recovery payment for forecast expenditure during Quarter 1 of the 2024-25 financial year.
              Note:  A funding recipient must have submitted a works schedule to the Department under section 6 of this Determination prior to submitting an initial payment report to be provided a Roads to Recovery payment.
       (6)    A funding recipient may submit a final payment report within one calendar month after the end of Quarter 3 in the final year of the Roads to Recovery funding period.
              Note:  Subsection 89(3) of the Act provides that the amount specified in the Roads to Recovery List may only be paid during the Roads to Recovery funding period.
              A final payment report may only claim a Roads to Recovery payment that would result in the funding recipient being provided up to or equal to their funding amount.