Part 9Transitional conditions

Part 9: Transitional conditions

9.1 A funding recipient who received payments under the Roads to Recovery Act 2000 which were spent on or before 30 June 2005 but not acquitted by 30 June 2005 in accordance with the conditions determined under that Act applicable to those payments must give to the Department by 30 September 2005 the annual report in respect of that financial year as required by conditions determined under s.7 of that Act.

9.2 A funding recipient who received payments under the Roads to Recovery Act 2000 which were not spent on or before 30 June 2005 but are spent on or before 30 June 2006 must give to the Department by 30 September 2006 an annual report in respect of the financial year 2005/2006 as required by conditions determined under s.7 of that Act.

9.3 If the Secretary or delegate of the Secretary notifies a funding recipient in writing that the Secretary is satisfied that the funding recipient has, in relation to a payment of funds received by the funding recipient under the Roads to Recovery Act 2000, failed to comply with that Act or to fulfil any of the Conditions determined under s.7 of that Act in relation to the payment, the funding recipient must repay to the Commonwealth an amount equal to so much of the payment that the Secretary or delegate specifies in the notice.