Document ID: chunk:federal_register_of_legislation:C2018C00226:section:33
Version: federal_register_of_legislation:C2018C00226
Segment Type: section
Provision Reference: s 33
Character Range: 43244–44725

33  Matters specified in project approval instrument
 (1) The project approval instrument for a Transport Development and Innovation Project must:
 (a) identify the project; and
 (b) specify the maximum funding amount that the Commonwealth may contribute to the project; and
 (c) identify the eligible funding recipient to which the funding may be paid; and
 (d) if the approval is conditional on a funding agreement being entered into with the eligible funding recipient—contain a statement to that effect.
 (2) The project approval instrument for a Transport Development and Innovation Project must state that the approval is conditional on a funding agreement being entered into with the eligible funding recipient, unless the recipient is:
 (a) a State; or
 (b) an authority of a State; or
 (c) a local government authority; or
 (d) a body in which one of the following persons or bodies has, or 2 or more of the following persons or bodies together have, a controlling interest:
 (i) the Commonwealth;
 (ii) a State;
 (iii) an authority of a State.
Note: This subsection does not prevent the project approval instrument from stating that the approval is conditional on a funding agreement being entered into with a funding recipient of a kind referred to in paragraph (a), (b), (c) or (d).
 (3) The project approval instrument for a Transport Development and Innovation Project may exclude one or more specified purposes from being purposes on which funding may be expended.