218CCCosts of de-amalgamations

#### 218CC Costs of de-amalgamations 218CC Costs of de-amalgamations > > (1)–(5) (Repealed) > > > (6) The Minister is, by making grants under section 620 or using money otherwise appropriated by Parliament for the purpose, to ensure that the cost of any de-amalgamation of the new area resulting from a business case submitted under section 218CD is funded. > > > (6A) For the purposes of subsection (6), the Minister may make either or both of the following— > > > > > (a) a grant, not exceeding $5 million, to the new council to offset the financial impacts of the de-amalgamation, > > > > > (b) a loan to the new council, at interest rates determined by the New South Wales Treasury Corporation, to defray de-amalgamation costs. > > > (7) This section extends to new areas constituted before the commencement of this section. > > > (8) In this section— > > > > new area means the area constituted by the amalgamation of areas (former areas) by the relevant proclamation. > > > > new council means the council of a new area constituted by section 219. > > > > relevant proclamation means the proclamation made pursuant to Chapter 9, Part 1 that amalgamates former areas into the new area and constitutes the new council. > > **s 218CC:** Ins 2021 No 11, Sch 1.1\[1\]. Am 2024 No 21, Sch 1\[4\]–\[7\].