137Hunter Valley flood mitigation works—statement of cost of maintenance and compensation

137 Hunter Valley flood mitigation works—statement of cost of maintenance and compensation

137 Hunter Valley flood mitigation works—statement of cost of maintenance and compensation

For the Act, section 266(1)(b), an estimate of the following must be set out in a statement—

(a) the cost of maintenance the Minister considers should be carried out during the financial year in relation to each flood work,

(b) the amount of compensation likely to become payable by the Minister during the financial year as a consequence of the maintenance,

(c) the amount of compensation payable, or likely to become payable by the Minister during the financial year as a consequence of the maintenance of each flood work carried out in a previous financial year,

(d) the percentage that, under the Act, section 260(2)(a), the Minister has determined a local council must contribute to the cost of construction and maintenance,

(e) the amount of payments made under the Act, section 265(1) by a local council during a previous financial year that remained unexpended at the end of the previous financial year.