s 24

Payments into and out of the Account

In force

(1)

The following funds must be credited to the Account —

(a)

all contributions from gas producers;

(b)

income derived from the investment of money standing to the credit of the Account.

(2)

The money standing to the credit of the Account may be applied by the Director for the following purposes —

(a)

payment of costs and expenses incurred in, or in connection with, establishing and implementing the rectification programme;

(b)

payment of costs and expenses associated with administering the Account;

(c)

payment of money under section 25(1)(a);

(d)

payment of any other costs and expenses incurred for the purposes of this Part.

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