Federal Financial Relations Act 2009 (11 of 2009)

Part 5   Payment of grants

18   Overpayment or underpayment of grant

 

(1) If a State has been paid an amount in excess of the amount that, under:

(a) section 5; or

(b) a provision of Part 3;

it was entitled to receive by way of financial assistance for a financial year, the Minister must deduct an amount equal to the excess from any amount that the State is entitled to receive by way of financial assistance under that provision for the first practicable subsequent financial year.

      

(2) If a State has been paid less than the amount that, under:

(a) section 5; or

(b) a provision of Part 3;

it was entitled to receive by way of financial assistance for a financial year, the Minister must add an amount equal to the shortfall to any amount that the State is entitled to receive by way of financial assistance under that provision for the first practicable subsequent financial year.