143General funding arrangements

143 General funding arrangements

(1) The State and Gellung Warl, by agreement, must establish and implement funding arrangements that operate according to the following principles—

(a) self-determination and autonomy—Gellung Warl has the autonomy to set its own priorities and allocate its resources;

(b) sufficiency—Gellung Warl should have access to sufficient resources to discharge its obligations;

(c) stability—funding arrangements should be reasonably stable and predictable over time, to support sensible planning and good financial management;

(d) flexibility—funding arrangements should be flexible so as to keep pace with Gellung Warl's obligations as they evolve;

(e) transparency—funding arrangements should be transparent and open to public view;

(f) sustainability and affordability—funding arrangements should be sustainable and affordable for the State;

(g) accountability—Gellung Warl is accountable to First Peoples;

(h) simplicity—funding arrangements should be simple and straightforward to implement.

(2) The funding arrangements must be reviewed in accordance with the principles set out in subsection (1) at least once every 4 years unless the State and Gellung Warl agree that a review is not needed.