CTHRepealedAct
Construction Industry Reform and Development Act 1992
50Contracts
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50 Contracts
(1) The Agency must not, except with the Minister's written approval:
(a) enter into a contract involving the payment or receipt by the Agency of an amount exceeding $100,000 or, if a higher amount is prescribed, that higher amount; or
(b) enter into a lease of land for a period extending beyond
30 June 1995.
(2) Paragraph (1)(a) does not apply to the investment of money by the Agency in accordance with section 49.