12Advances and payments

#### 12 Advances and payments 12 Advances and payments > The Minister may, out of moneys provided by Parliament: > > > (a) make an advance, upon such security and at such rate of interest and subject to such covenants, conditions and provisions as the Minister may think fit, to any owner or occupier of land proposed to be dealt with under a project who has, pursuant to this Act, entered into an agreement, for the purpose of enabling such owner or occupier to carry out his or her obligations under such agreement, > > > (b) pay any costs or expenses incurred: > > > > > (i) in carrying any project into effect, > > > > > (ii) under any arrangement made pursuant to section 13, > > > > > (iii) in carrying out any works under section 14 (1) or 18 or under Part 4A. > > Any advance to an owner or occupier under the provisions of this section shall be made only upon the application of the owner or occupier under and in accordance with the provisions of Part 4A and the provisions of the said Part shall apply, mutatis mutandis, to and in respect of any such advance. > > **s 12:** Am 1947 No 11, sec 2 (2) (b); 1978 No 128, Sch 4 (4).