39
CurrentAppropriation of money
Part 6Transitional provisions relating to Chapter 6 of the new Act
Division 1Private Health Insurance Ombudsman
Subdivision EMiscellaneous
39 Appropriation of money
(1)
For the purposes of the operation of an Appropriation Act after the Ombudsman conversion time, references to the old Ombudsman are to be read as references to the new Ombudsman.
(2)
If an amount of money (the original amount) becomes an asset of the Commonwealth under section 28, an amount equal to the original amount is appropriated out of the Consolidated Revenue Fund for the purpose of the performance of the functions of the new Ombudsman.
(3)
In this section:
Appropriation Act means an Act appropriating money for expenditure out of the Consolidated Revenue Fund.
This Act’s bill:Explanatory memorandumSecond reading speech
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