Purpose of the WELS Account

In force

The purpose of the WELS Account is to make payments—

(a)

to further the objects of this Act (as set out in section 3) and those of any corresponding law; and

(b)

otherwise in connection with the performance of the Regulator's functions under this Act or the regulations or a corresponding law.

Note

This section differs from section 66 of the Commonwealth Act.

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