Document ID: chunk:federal_register_of_legislation:C2017C00106:section:5:p18
Version: federal_register_of_legislation:C2017C00106
Segment Type: section
Provision Reference: s 5 (pt 18/24)
Character Range: 47545–50228

principles and goals set out in clause 5, the allocation among approved projects of the total amount of financial assistance to be provided by the Commonwealth and the total amount of expenditure to be incurred by the State in respect of that grant year.

(2) The Commonwealth Minister and the State Minister may, in accordance with the objective, principles and goals set out in clause 5, jointly approve the allocation to an approved project of financial assistance to be provided by the Commonwealth and of expenditure to be incurred by the State in respect of two or more grant years.

(3) The State Minister may approve non‑significant increases or decreases in the allocation of funds in respect of an approved project during the period in respect of which an allocation has been approved.

23. Financial assistance in respect of a grant year is to be provided by regular quarterly instalments unless otherwise agreed between the Commonwealth Minister and the State Minister, such instalments to be calculated in respect of the first and second grant years on the basis of the provisional Commonwealth grant in respect of the grant year, ascertained in accordance with clause 17.

24. (1) Subject to sub‑clause (2), the Commonwealth Minister may, at such times and in such amounts as the Commonwealth Minister thinks fit, make advances on account of financial assistance that may become payable to the State under this agreement.

(2) Where in respect of a grant year the State makes advances from its own resources for the purpose of meeting or reimbursing expenditure for approved projects, the Commonwealth will make advances of the same amounts as to matching as would apply if the advances by the State were expenditure by the State from its own resources pursuant to clauses 14 and 16 or clause 18 (as the case may be) and the advances by the Commonwealth were financial assistance pursuant to clauses 13 and 16 or clause 18 (as the case may be) in respect of that grant year.

(3) The amount or part of the amount of an advance made by the Commonwealth may be deducted from a payment of financial assistance that subsequently becomes payable.

(4) The State shall ensure that an advance made by the Commonwealth is not used or applied except for the purpose of meeting or reimbursing, as the case may be, the expenditure to which the advance relates.

25. During the first 3 grant years the Commonwealth Minister and the State Minister shall jointly develop standard terms and conditions to be attached by the State to payments made pursuant to this agreement to local governments and community organisations, which terms and conditions shall include the manner in which