22—Loans for training purposes
(1) The Board may,
with the approval of the Minister and the Treasurer, lend money from the Fund
to an industrial organisation for the purpose of establishing or operating a
group training scheme for the construction industry approved by the Industrial
and Commercial Training Commission.
(2) A loan under
subsection (1) will be subject to such terms and conditions as the
Minister and the Treasurer think appropriate and may be free of interest.