Document ID: chunk:federal_register_of_legislation:C2004A03226:body:0:p5
Version: federal_register_of_legislation:C2004A03226
Segment Type: other
Provision Reference: 
Character Range: 10748–13424

or a guarantee that that Corporation was empowered to give under section 21, 24 or 35 of that Act—
(a) the Commission may, if the amount of any receipts that it is required to pay to the Commonwealth under sub-section 86 (3) of the Australian Trade Commission Act 1985 includes receipts arising out of that contract or the guarantee, deduct from that amount such proportion of the receipts of the Commission arising out of that contract or that guarantee as is equal to the proportion specified in the notice; and
(b) there shall be deducted from an amount required under sub-section 86 (4) of the Australian Trade Commission Act 1985 to be paid by the Commonwealth to the Commission in respect of that contract or that guarantee such proportion of that amount as is equal to the proportion so specified.

National interest loans entered into by Insurance Corporation
8. Where the Insurance Corporation had informed the Minister, by notice under sub-section 41 (6) of the Insurance Corporation Act, that the Corporation proposed to provide a proportion of the money to be lent

under a loan the making of which was approved by the Minister under sub-section 41 (3) of that Act—
(a) the Commission may, if the amount of any receipts that it is required to pay the Commonwealth under sub-section 87 (3) of the Australian Trade Commission Act 1985 includes receipts arising out of that loan, deduct from that amount such proportion of the receipts of the Commission arising out of that loan as is equal to the proportion specified in the notice; and
(b) there shall be deducted from an amount required under sub-section 87 (4) of the Australian Trade Commission Act 1985 to be paid by the Commonwealth to the Commission in respect of that loan such proportion of that amount as is equal to the proportion so specified.

Final report under Projects Corporation Act
9. (1) Notwithstanding the repeal of the Projects Corporation Act effected by section 5 of this Act, the Board, as constituted immediately before the commencing day, shall, for the purposes of preparing and furnishing to the Minister the report and the financial statements referred to in sub-section (2), continue in existence until it has furnished that report and those financial statements.
(2) The Board shall, as soon as practicable after the commencing day, prepare and furnish to the Minister a report of the operations of the Projects Corporation during the period that commenced on 1 July 1985 and ended immediately before the commencing day together with financial statements in respect of that period in such form as the Minister for Finance approves and sub-sections 47 (2), (3) and (4) of the Projects