Aboriginal Affairs Planning Authority Act 1972

The funds necessary for the effectual exercise by the Authority of the powers conferred and the duties imposed by this Act consist of —

moneys from time to time appropriated by Parliament; and

the proceeds of the disposal of or dealing with any land, natural resource or other property that the Authority is authorised to effect under this Act; and

moneys from time to time derived by the Authority from the management of any land or property; and

the proceeds of investment of any moneys standing to the credit of the Authority under the provisions of section 44; and

gifts, devises, bequests or other moneys falling to be controlled by the Authority; and

the moneys that immediately prior to the date of the commencement of this Act were standing to the credit of the account kept at the Treasury under the provisions of section 35 of the repealed Act; and

any other moneys lawfully received by, made available to, or payable to the Authority.

An agency special purpose account called the Aboriginal Affairs Planning Authority Account is established under section 16 of the Financial Management Act 2006 to which the moneys referred to in subsection (1) are to be credited.

All expenditure incurred by the Authority, for the purpose of giving effect to this Act, shall be charged to the Aboriginal Affairs Planning Authority Account.

If in any year the whole of the annual sum appropriated by Parliament for the purpose of the Authority is not expended, the unexpended balance shall be retained by the Authority and expended in the performance of the duties of the Authority in any subsequent year.