MOOMBA-SYDNEY PIPELINE SYSTEM SALE ACT 1994 No. 70, 1994 - SECT 22 Commonwealth liable to pay an amount to the Authority equal to Authority's debts to the Commonwealth and set-off of debts

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MOOMBA-SYDNEY PIPELINE SYSTEM SALE ACT 1994 No. 70, 1994 - SECT 22

Commonwealth liable to pay an amount to the Authority equal to Authority's debts to the Commonwealth and set-off of debts

22. (1) On the sale day the Commonwealth becomes liable to pay to the
Authority an amount equal to the Authority's debt to the Commonwealth on that
day.

(2) The amount payable under subsection (1) is to be set-off against the
Authority's debt to the Commonwealth.

(3) The Consolidated Revenue Fund is appropriated for payments under this
section.

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