Money received by instrumentalities of the Crown
7 Money received by instrumentalities of the Crown
Subject to subsection (2), money received by an instrumentality of the Crown that should, but for this section, be paid into the Consolidated
Account may, without appropriation by Parliament, be applied by the instrumentality in carrying out its functions.
The Treasurer may direct that money referred to in subsection (1) be paid into the Consolidated Account instead of being applied under that subsection.
A reference in this section to an instrumentality of the Crown does not extend to any such instrumentality that is a natural person or a corporation sole unless the regulations specifically provide that this section will apply to the instrumentality.
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