Commonwealth Numbered Acts

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AIRPORTS (TRANSITIONAL) ACT 1996 No. 36 of 1996 - SECT 69

69 Commonwealth may pay the FAC an amount equal to the amount owing

(1) If an amount becomes due and payable to the Commonwealth because of
section 68, the Minister for Finance may determine in writing that the
Commonwealth is liable to pay the FAC an amount equal to that amount.

(2) The determination has effect accordingly.

(3) The amount payable under subsection (1) may be set-off against the amount
that became due and payable because of section 68.

(4) The amount payable under subsection (1) becomes part of the capital of the
FAC. 


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