Financial Framework Legislation Amendment Act (No. 2) 2012
87At the end of section 10
Start here
Get a plain-English read of 87
Turn the raw legal text into a practical explanation grounded in Financial Framework Legislation Amendment Act (No. 2) 2012.
87 At the end of section 10
Add:
(15) If:
(a) an amount (the first amount) is payable by the eligible body under subsection (8); and
(b) another amount (the second amount) is payable by the Commonwealth to the eligible body under the funding contract;
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.