National Land Transport Act 2014
14Requirements with which funding agreements must comply
Start here
Get a plain-English read of 14
Turn the raw legal text into a practical explanation grounded in National Land Transport Act 2014.
14 Requirements with which funding agreements must comply
If the project approval instrument for an Investment Project states that the approval is conditional on a funding agreement being entered into with the approved funding recipient: (a) the total amount of funding that the agreement provides for must not exceed the maximum funding amount specified in the project approval instrument; and (b) the agreement must comply with any other requirements (for example, requirements relating to the inclusion of conditions) specified in the project approval instrument.