DEVELOPMENT ALLOWANCE AUTHORITY ACT 1992 (REPEALED)

CHAPTER 3 - INFRASTRUCTURE BORROWINGS  

PART 3 - CERTIFICATES  

Division 1 - Issue, variation and transfer etc.  

SECTION 93PA   TERMINATION OF CERTIFICATE ISSUE PROVISIONS  

93PA(1)   [Prior written advice]  

After the commencement of the Taxation Laws Amendment (Infrastructure Borrowings) Act 1997 , the DAA must not issue a certificate under this Chapter unless it gave written advice to the applicant for the certificate in accordance with subsection 93P(1) of this Act before the borrowings cut-off time.

93PA(2)   [Certificates voided]  

Any certificate issued by the DAA under this Chapter during the period from the borrowings cut-off time until the commencement of the Taxation Laws Amendment (Infrastructure Borrowings) Act 1997 has no effect, and is taken never to have had any effect, unless the DAA gave written advice to the applicant for the certificate in accordance with subsection 93P(1) of this Act before the borrowings cut-off time.




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