Transport Administration Act 1988 No 109
Historical version for 7 January 2011 to 30 January 2011 (accessed 23 November 2014 at 01:10) Current version

76   Payment of dividend to Treasurer

(1)  The State Transit Authority shall pay to the Treasurer, out of any surplus for a financial year, such dividend as the Minister determines.
(2)  The Minister shall not make a determination under this section unless:
(a)  the Minister has had regard to the advice of the State Transit Authority on the financial affairs of the Authority and any recommendation with respect to the determination, and
(b)  the Treasurer approves of the determination.
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