s 82
In forceReturns on amounts of LTCS levy
Part 10Administration of LTCS scheme
Division 10.1Funding the LTCS scheme
82 Returns on amounts of LTCS levy
(1)
An LTCS levy is taken to be—
(a)
the amount paid as the levy; and
(b)
any returns received on the investment of the amount, or any part of it, under this division.
(2)
Returns received by the Territory on an investment under this division of an amount from an LTCS levy must be applied for the purposes for which the amount invested was appropriated.
(3)
Any fees or expenses reasonably incurred in making or managing an investment of an amount from an LTCS levy may be deducted from the investment.
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