33.1  State Contribution

(a)  (Payment): Subject to Project Co complying with clause 33.2(a), the State must pay Project Co an amount equal to the State Contribution under clauses 33.1 to 33.3.

(b)  (Effect of payment): The payment of the State Contribution does not constitute:

(i)  an approval by the State of the completion or acceptance of the Development Activities or Services under this Deed;

(ii)  evidence that the Project Assets are Fit For Purpose or constitute evidence that all or any other obligations under the State Project Documents have been satisfied; or

(iii)  any equity capital contributed to, or ownership interest in, Project Co by the State.