18BTreasurer’s advance—reduction of amounts

18B Treasurer’s advance—reduction of amounts (1) This section applies if, in a financial year— (a) the Treasurer has authorised a Treasurer’s advance for an entity; and (b) the Treasurer’s advance has not been fully disbursed to the (c) the Treasurer is satisfied that the undisbursed amount is no longer required by the entity.

(2) The Treasurer may, in writing, authorise a reduction of the amount of the Treasurer’s advance to the entity to the amount actually disbursed to the entity. (3) If the Treasurer authorises a reduction, the amount appropriated for section 18 (Treasurer’s advance) for the financial year is taken to be restored by the amount of the reduction.