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COMMONWEALTHAct
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s 56

ARPANSA Account

In force
Part 6Administrative matters
Division 2Money

56 ARPANSA Account

(1)

There is continued in existence the ARPANSA Account.

Note:

The Account was established by subsection 5(3) of the Financial Management Legislation Amendment Act 1999.

(2)

The Account is a special account for the purposes of the Public Governance, Performance and Accountability Act 2013.

(3)

Amounts equal to the following must be credited to the Account:

(a)

amounts received by the Commonwealth under the Licence Charges Act;

(b)

fees received by the Commonwealth under section 34;

(c)

amounts received by the Commonwealth in connection with the performance of the CEO’s functions under this Act or the regulations;

(d)

interest received by the Commonwealth from the investment of an amount standing to the credit of the Account;

(e)

money received by the Commonwealth in relation to property paid for after a debit of the Account in respect of an amount equal to the purchase price of the property;

(f)

amounts recovered by the Commonwealth under subsection 41(7), to the extent that they are referable to costs debited from the Account;

(g)

amounts of any gifts given or bequests made for the purposes of the Account.

Note:

An Appropriation Act provides for amounts to be credited to a special account if any of the purposes of the special account is a purpose that is covered by an item in the Appropriation Act.

(4)

The purposes of the Account are to make payments:

(a)

to further the object of this Act (as set out in section 3); and

(b)

otherwise in connection with the performance of the CEO’s functions under this Act or the regulations.

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