Advances from Public Account
99 Advances from Public Account
S. 99(1) amended by No. 46/1998 s. 7(Sch. 1) (as amended by No. 12/1999 s. 3(Sch. 1 item 30)).
Where the Fund is insufficient to meet any payment required by this Part to be made out of the Fund, the Minister may make temporary advances to the Fund out of the Public Account, but the total of any such advances outstanding shall not exceed $250 000 at any time.
S. 99(2) amended by No. 46/1998 s. 7(Sch. 1) (as amended by No. 12/1999 s. 3(Sch. 1 item 30)).
When any such temporary advance is made out of the Public Account, the amount of the advance together with interest at such rate as the Minister determines shall be a first charge on the Fund, and shall be recouped to the Public Account progressively as moneys are paid into the Fund.
S. 100 inserted by No. 8733 s. 24(1), substituted by No. 10191 s. 268(5).
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