Section 6: Application of funds
consolidated text (as at 2007). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
6. Application of funds
(1) Subject to subsection (2), funds raised under an agreement shall be
used to finance such projects as may be specified in the agreement.
(2) Where, in the opinion of the Minister, it is not possible to apply part of
the funds for the purpose for which they were raised, that part of the funds
may be applied in such manner and for such other purpose as the Minister
may, with the concurrence of the other party to the agreement, determine.
PART III – RAISING OF OTHER LOANS