Expenditure of money prior to the appointment of the Board Sample Clauses

Expenditure of money prior to the appointment of the Board. 1 The Parties acknowledge that in the period before a Board is appointed, there will be necessary works that are required on the Worimi Conservation Lands. Until the Board is appointed, the Director-General may commit and incur reasonable expenses relating to the management of the Worimi Conservation Lands in accordance with the estimated budget and works program to be discussed with the representatives of the Aboriginal Negotiating Panel and representatives nominated by the Land Council under clause 12.4. Such reasonable expenses within any one month period should not generally exceed an amount representing 1/12 of the Recurrent Funds for that financial year. Before the Board is appointed, there may be expenses relating to the lands and DEC is allowed to spend money to cover those expenses, but only within the budget discussed with the advisory group to help before the Board is appointed. The advisory group is referred to in clause 12.4 of the lease.
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Related to Expenditure of money prior to the appointment of the Board

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