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Sewerage Agreements Act 1974
8Application of moneys borrowed
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#### 8 Application of moneys borrowed
(1) Moneys borrowed under section 7 shall be issued and applied only for the expenses of borrowing and for the purpose of making payments and advances to a State to which this Act applies in accordance with this Act.
(2) Moneys borrowed under section 5 of the Sewerage Agreements Act 1973 may be issued and applied for the purpose of making payments and advances to a State to which this Act applies in accordance with this Act.