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s 23

Recurrent expenditure of TDR and payment of certain income to Public Account

In force
Part IITasmania Development and Resources
Division 3Officers, &c., of TDR

23 Recurrent expenditure of TDR and payment of certain income to Public Account

TDR shall pay, from money appropriated by Parliament from the Public Account for the purpose– the administration and operating expenses of TDR; any grant of money made under section 9(2)(c); on and after 1st July 1984, any interest required to be paid in respect of a loan to TDR under section 24 or 26; any grant of money made, or subsidy paid, under any other Act; and any other cost of a recurrent nature incurred by TDR.

Where TDR derives any income from any money appropriated for its use by Parliament or borrowed under section 24, TDR shall, unless the Treasurer otherwise directs, pay the amount of that income to the Public Account.

Subsection (2) does not apply to income from money advanced for the purposes of the Rural Adjustment Act 1995.

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