262Annual contribution to works program by Local Land Services

262 Annual contribution to works program by Local Land Services

262 Annual contribution to works program by Local Land Services

(1) Local Land Services is liable to pay to the Minister in each financial year—

(a) one-quarter of the estimated cost of constructing any flood works that the Minister proposes to construct during that financial year, and

(b) one-quarter of the estimated cost of maintaining any flood works that the Minister proposes to maintain during that financial year.

(2) The following amounts are to be deducted from the estimated costs for the purpose of calculating Local Land Services’ liability under this section—

(a) any contribution to those costs for which a local council will be liable under this Division,

(b) any amount that Local Land Services has paid to the Minister under this section during the previous financial year but that remained unexpended at the end of that year.

(3) Any estimates are to be made by the Minister whose decision is final.

s 262: Am 2003 No 104, Sch 5.5 [3]; 2004 No 39, Sch 5 [10]; 2013 No 51, Sch 7.53 [8] [9]; 2014 No 33, Sch 2.45.