Payments into environment protection funds
137 Payments into environment protection funds
(1) The Gazette notice establishing an environment protection fund under section 136 must state the kinds of funds that may be paid into the fund.
(2) The following kinds of funds may be paid into an environment protection fund:
(a) amounts or a proportion of amounts of environment protection levy payable under this Act;
(b) the amounts of any costs recovered under Part 10, Division 2 or Part 11, Division 2;
fees or a proportion of fees payable under this Act;
(d) amounts or a proportion of any amounts required to be paid to the CEO under this Act;
(e) any other amount required to be paid into an environment protection fund under this Act.
(3) Each environment protection fund must be invested in a manner approved by the Treasurer.
(4) The proceeds of the investment of an environment protection fund are payable into that fund.
This Act’s bill:Explanatory statementSecond reading speech
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