Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Minister may, in writing, vary or revoke the project approval instrument for an Investment Project.
(2) A variation may be of a matter dealt with in the project approval instrument before the variation, or to include a new matter in the project approval instrument. The instrument as varied must be consistent with section 13.
Note: For example, the project approval instrument may be varied to change the eligible funding recipient to which funding will be paid, or to specify a purpose that is excluded from the purposes on which funding may be expended.
(3) If there is a funding agreement with the approved funding recipient, the powers given by subsection ( 1) must be exercised in accordance with any relevant provisions of the funding agreement.
(4) An instrument varying or revoking the project approval instrument is not a legislative instrument.