TASIn ForceAct
Tasmanian Development Act 1983
37AFunding of grants and loans under this Part
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### 37A Funding of grants and loans under this Part
> [*\[Section 37A Inserted by No. 13 of 2024, s. 6, Applied:05 Sep 2024\]*](/view/html/inforce/2024-09-05/act-2024-013#GS6@EN)
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> > (1) A grant or loan of money under this Part may be paid from –
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> > > > (a) money appropriated by Parliament for the purpose; or
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> > > > (b) the funds of TDR, as determined by the Treasurer.
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> > (2) For the avoidance of doubt, the funding of a grant or loan under this Part is a purpose for which TDR may borrow money under [section 24](#GS24@EN) .
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> > (3) A grant or loan that was granted or made, under this Part, before the commencement of the *Tasmanian Development Amendment Act 2024* is not invalid solely on the basis that it was paid from –
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> > > > (a) the funds of TDR; or
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> > > > (b) money appropriated by Parliament for the purpose.