20Moneys deemed to have been expended on national roads projects

20 Moneys deemed to have been expended on national roads projects

(1) Subject to subsection (2), a State may, for the purposes of this Act, treat moneys expended by the State, in a relevant year, for the purpose of meeting administrative costs incurred directly in connection with the construction or maintenance of national roads in the State, not being administrative costs incurred in respect of particular works involved in the carrying out of any project that is included in a program of projects approved by the Minister under section 7 in relation to the State in respect of that year, as having been expended in that year by the State on such a project. (2) Moneys treated as having been expended on a project in a year by virtue of subsection (1): (a) shall not include any moneys treated, by virtue of that subsection, as having been expended on any other project; and (b) shall not exceed, in the aggregate, 4% of the moneys otherwise expended on that project in that year.