Health Administration Act 1982

The Corporation is to establish in the Special Deposits Account in the Treasury a separate account in respect of each of the health professional councils established under section 41B of the Health Practitioner Regulation National Law (NSW).

There is to be paid into each such account—

the money transmitted to the Corporation in accordance with the Health Practitioner Regulation National Law (NSW), and

any other money which may lawfully be paid into the account.

The Corporation may pay out of such an account—

amounts required to meet the costs incurred in the administration or execution of the Health Practitioner Regulation National Law (NSW) and the regulations made under that Law, and

amounts necessary to meet any costs associated with the employment of NSW Health Service staff to enable the Corporation to exercise its functions in respect of that council.

For the purposes of section 60 (1) of the Government Sector Employment Act 2013, the Corporation is taken to be the statutory body in respect of which persons are employed under Part 4 of that Act to enable a health professional council established under section 41B of the Health Practitioner Regulation National Law (NSW) to exercise its functions. Accordingly, the Corporation is authorised to pay out of an account under this section any employment-related costs that the Corporation is directed to pay under section 60 (1) of that Act.

The Corporation may invest money in such an account—

if the Corporation is a GSF agency for the purposes of Part 6 of the Government Sector Finance Act 2018—in any way that the Corporation is permitted to invest money under that Part, or

if the Corporation is not a GSF agency for the purposes of Part 6 of the Government Sector Finance Act 2018—in any way approved by the Treasurer.

The interest or profits accruing from any such investment are to be paid into the relevant account.