Barrister AI
All legislation
COMMONWEALTHAct
In force
This is the latest official compilation.Check the official source →
s 65

Credits to the WELS Account

In force
Part 10Money
Division 1The WELS Account

65 Credits to the WELS Account

The following must be credited to the WELS Account:

(a)

amounts equal to amounts received by the Commonwealth from the States and Territories for the purposes of the WELS scheme;

(b)

amounts equal to amounts received by the Commonwealth in connection with the performance of the Regulator’s functions under this Act or a corresponding State‑Territory law;

(c)

amounts equal to income received by the Commonwealth from the investment of money from the Account;

(d)

amounts equal to money received by the Commonwealth in relation to property paid for with money from the Account;

(e)

amounts equal to amounts of any gifts given or bequests made for the purposes of the Account;

(f)

amounts equal to amounts received by the Commonwealth as fees imposed by the Water Efficiency Labelling and Standards (Registration Fees) Act 2013.

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.

Research tools for this sectionPro

The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.