Commonwealth Consolidated Acts

NATIONAL LAND TRANSPORT ACT 2014 - SECT 74

  (1)   The project approval instrument for a Black Spot Project must:

  (a)   identify the project; and

  (b)   specify the maximum funding amount that the Commonwealth may contribute to the project; and

  (c)   identify the eligible funding recipient, being a State or authority of a State, to which funding may be paid; and

  (d)   if the approval is conditional on a funding agreement being entered into with the eligible funding recipient--contain a statement to that effect.

  (2)   The project approval instrument for a Black Spot Project may exclude one or more specified purposes from being purposes on which funding may be expended.