18FCapital works reserve—reducing partially unused

18F Capital works reserve—reducing partially unused payments (1) This section applies if, in a financial year— (a) the Treasurer has authorised a capital works advance for an (b) the capital works 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 capital works advance to the entity to the amount actually disbursed to the entity.

(3) If the Treasurer authorises a reduction, the capital works reserve for the financial year is taken to be restored by the amount of the reduction.