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s 124C

Expenditure from account

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Part VIIIFidelity Guarantee Account

124C Expenditure from account

There are to be charged to the General Purpose Account —

(a)

the costs incurred in the administration of the General Purpose Account; and

(b)

the remuneration and allowances payable to members of advisory committees established under Part II Division 4 of this Act or under the Fair Trading Act 2010 Part 5 Division 2 Subdivision 1; and

(c)

the costs associated with the provision of secretarial, clerical or other administrative support to the advisory committees in the performance of their functions under this Act or under the Fair Trading Act 2010 Part 5 Division 2 Subdivision 1; and

(d)

the costs incurred in, or in connection with, the administration and enforcement of this Act except such costs, if any, as are excluded by the regulations; and

(e)

all other expenditure lawfully incurred by the Commissioner in the performance of the Commissioner’s functions under this Act or the Commissioner’s functions under the Fair Trading Act 2010 section 57A that are performed for the purposes of this Act.

[Section 124C inserted: No. 59 of 1995 s. 26; amended: No. 34 of 1998 s. 18; No. 77 of 2006 Sch. 1 cl. 147(2); No. 58 of 2010 s. 116; No. 23 of 2014 s. 79.]

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