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Regional Investment Corporation (Agribusiness Natural Disaster Loans—2019 North Queensland Flood) Rule 2019
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Regional Investment Corporation (Agribusiness Natural Disaster Loans—2019 North Queensland Flood) Rule 2019
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(1) For the purposes of subsection 8(5) of the Act, the program is prescribed. Purpose of program (2) The purpose of the program is to provide loans to farm businesses that have suffered direct damage as a result of the North Queensland floods of January and February 2019. Specified constitutional basis of program (3) For the purposes of paragraph 8(5)(a) of the Act, the constitutional basis for the program is the power of the Parliament to make laws with respect to measures that are peculiarly adapted to the government of a nation and cannot otherwise be carried on for the benefit of the nation.