Commonwealth Numbered Acts

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TRADE SUPPORT LOANS ACT 2014 (NO. 81, 2014) - SECT 22

Payment by instalments

             (1)  Trade support loan is to be paid by instalments.

             (2)  The Secretary must pay an instalment of trade support loan to a person, in relation to an instalment period of the person, if:

                     (a)  a determination is in effect granting the person's application for trade support loan; and

                     (b)  the Secretary is satisfied that trade support loan is payable to the person in relation to the instalment period.

             (3)  The instalment is to be paid to the person on the day after the end of the instalment period that is determined by the Secretary to be the earliest day on which it is reasonably practicable to make the payment.



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