25Moneys expended after year in which they are paid to State

25 Moneys expended after year in which they are paid to State

Moneys: (a) paid to a State under this Act in the year to which this Act applies; (b) set aside by a State in that year for expenditure in accordance with this Act; and (c) expended by a State during the period of 6 months immediately following the expiration of that year, or within such further period as the Minister for Finance approves; shall, for the purposes of sections 9, 13 and 18, be deemed to have been expended during that year.