20Grant of financial assistance to a person, or a body, other than a State

20 Grant of financial assistance to a person, or a body, other than a State

(1) This section applies if an amount is to be debited from the Account for the purpose of making a grant of financial assistance to a person, or a body, other than a State. (2) The terms and conditions on which that financial assistance is granted are to be set out in a written agreement between the Commonwealth and the person or body. (3) An agreement under subsection (2) may be entered into: (a) by either of the following Ministers on behalf of the Commonwealth: (i) the Minister; (ii) the Agriculture Minister; or (b) jointly by both of the following Ministers on behalf of the Commonwealth: (i) the Minister; (ii) the Agriculture Minister.

Note: State is given an extended meaning by section 54.