CTHRepealedLegislation
Northern Australia Infrastructure Facility Investment Mandate Direction 2016
5. Purpose5. Purpose
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5. Purpose
The purpose of this Direction is to direct the Facility in relation to the performance of the functions of the Facility as set out in section 10 of the Act.
PART 2 – DIRECTIONS
- Making Investment Decisions
(1) The Board must make Investment Decisions.
(2) When the Board makes an Investment Decision, the Facility must notify Project Proponents if their project will receive financial assistance as soon as practicable after an Investment Decision has been made.