Commonwealth Consolidated Acts

ABORIGINAL LAND RIGHTS (NORTHERN TERRITORY) ACT 1976 - SECT 65DA

  (1)   The NTAI Corporation may:

  (a)   prepare estimates of its expenditure for a period to meet its costs of making:

  (i)   payments to or for the benefit of Aboriginal people living in the Northern Territory; and

  (ii)   investments of the kind mentioned in paragraph   65BB(b); and

  (b)   submit those estimates to the Minister for the Minister's approval.

Note:   The Minister must have regard to approved estimates in directing that an amount is to be debited from the Account under subsection   64AA(4).

  (2)   Estimates prepared under subsection   (1) must be in the form (if any) and for such periods (if any) as the Minister directs.

  (3)   A period for which the NTAI Corporation prepares estimates under subsection   (1) may be wholly or partly concurrent with another period for which the NTAI Corporation prepares estimates under that subsection.

  (4)   Nothing in this section affects a requirement under section   36 of the Public Governance, Performance and Accountability Act 2013 to prepare budget estimates.