Amounts to be credited to the Account
65C Amounts to be credited to the Account
Amounts equal to the following amounts must be credited to the Account:
amounts received by the Commonwealth under the Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Act 1995 or the Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Act 1995;
amounts received by the Commonwealth as fees for applications under this Act or the regulations;
income received by the Commonwealth from the operation of the National Halon Bank;
interest received by the Commonwealth from the investment of money standing to the credit of the Account.
Notional payments and receipts by non‑corporate Commonwealth entities
If:
either:
a non‑corporate Commonwealth entity makes a notional payment to another non‑corporate Commonwealth entity; or
one part of a non‑corporate Commonwealth entity makes a notional payment to another part of that entity; and
the transaction would involve the debiting of an appropriation if the notional payment were a real payment;
then:
this section applies in relation to the notional payment as if it were a real payment; and
this section applies in relation to the notional receipt of the notional payment as if it were a real receipt.
This subsection applies to transactions that do not actually involve payments or receipts, because the parties to the transaction (non‑corporate Commonwealth entities) are merely parts of the Commonwealth.
In subsection (2):
non‑corporate Commonwealth entity has the same meaning as in the Public Governance, Performance and Accountability Act 2013.
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