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Rural and Regional Adjustment Regulation 2011
sch.56-sec.20Operation of scheme
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### sch.56-sec.20 Operation of scheme
The scheme closes on the earlier of the following days—
the day stated on the authority’s website as the day the scheme closes;
the day on which the authority’s assistance funds for the scheme become insufficient to pay further assistance under the scheme.
The authority must give written notice of the day the scheme closes to each other party to a financial agreement for assistance that is in effect—
as soon as possible after becoming aware of the day; and
in any event, not later than 2 months before the day.
Assistance is not payable under the scheme after the day the scheme closes.
sch 56 s 20 ins 2023 SL No. 183 s 3
(sch.56-sec.20-ssec.1) The scheme closes on the earlier of the following days— the day stated on the authority’s website as the day the scheme closes; the day on which the authority’s assistance funds for the scheme become insufficient to pay further assistance under the scheme.
(sch.56-sec.20-ssec.2) The authority must give written notice of the day the scheme closes to each other party to a financial agreement for assistance that is in effect— as soon as possible after becoming aware of the day; and in any event, not later than 2 months before the day.
(sch.56-sec.20-ssec.3) Assistance is not payable under the scheme after the day the scheme closes.
- (a) the day stated on the authority’s website as the day the scheme closes;
- (b) the day on which the authority’s assistance funds for the scheme become insufficient to pay further assistance under the scheme.
- (a) as soon as possible after becoming aware of the day; and
- (b) in any event, not later than 2 months before the day.