55Nominated Minister’s authorisation of payment to Corporation

55 Nominated Minister’s authorisation of payment to Corporation

(1) As soon as practicable after a request is made under section 54, the nominated Minister must: (a) determine whether the request is in accordance with the agreement under section 56; and (b) if satisfied that it is—give written authorisation for the requested payment. (2) If the nominated Minister gives written authorisation for the requested payment, the Commonwealth must, as soon as practicable, pay the authorised amount to the Corporation.

Note: See also section 53.

(3) An authorisation under subsection (1) is not a legislative instrument.