CTHIn ForceAct
Financial Framework Legislation Amendment Act (No. 2) 2012
69After subsection 16(8)
Start here
Get a plain-English read of 69
Turn the raw legal text into a practical explanation grounded in Financial Framework Legislation Amendment Act (No. 2) 2012.
69 After subsection 16(8)
(8A) An amount payable under subsection (7A) by the industry services body:
(8B) If:
(a) an amount (the first amount) is payable by the industry services body under subsection (7A); and
(b) another amount (the second amount) is payable by the Commonwealth to the industry services body under subsection (1) or (2);
the Minister may, on behalf of the Commonwealth, set off the whole or a part of the first amount against the whole or a part of the second amount.