67Application of money

#### 67 Application of money (1) The amounts paid to the industry marketing body under section 63 may be applied by that body only: (a) in payment to the Commonwealth of amounts equal to the expenses incurred by the Commonwealth in relation to: (i) the collection or recovery of amounts referred to in section 63; or (ii) the administration of that section; and (b) in making payments for or in connection with industry marketing or promotion and in accordance with the conditions (if any) on which the amounts were paid to that body under section 63; and (c) in making such other payments (if any), subject to such conditions (if any), as are prescribed. (2) The amounts paid to the industry research body under section 64 may be applied by that body only: (a) in payment to the Commonwealth of amounts equal to the expenses incurred by the Commonwealth in relation to: (i) the collection or recovery of amounts referred to in section 64; or (ii) the administration of that section; and (b) in making payments for or in connection with industry research and development and in accordance with the conditions (if any) on which the amounts were paid to that body under section 64; and (c) in making such other payments (if any), subject to such conditions (if any), as are prescribed. (3) The amounts paid to the industry research body under section 66 may be applied by that body only: (aa) in making payments to the Commonwealth under subsection 66(3); and (a) in making payments for or in connection with industry research and development and in accordance with the conditions (if any) determined, by legislative instrument, by the Minister; and (b) in making such other payments (if any), subject to such conditions (if any), as are prescribed. (3A) The amounts paid to the live‑stock export marketing body under section 64A may be applied by that body only: (a) in payment to the Commonwealth of amounts equal to the expenses incurred by the Commonwealth in relation to: (i) the collection or recovery of amounts referred to in section 64A; or (ii) the administration of that section; and (b) in making payments for or in connection with marketing or promotion relating to the export of live‑stock and in accordance with the conditions (if any) on which the amounts were paid to that body under section 64A; and (c) in making such other payments (if any), subject to such conditions (if any), as are prescribed. (3B) The amounts paid to the live‑stock export research body under section 64B may be applied by that body only: (a) in payment to the Commonwealth of amounts equal to the expenses incurred by the Commonwealth in relation to: (i) the collection or recovery of amounts referred to in section 64B; or (ii) the administration of that section; and (b) in making payments for or in connection with research and development relating to the export of live‑stock and in accordance with the conditions (if any) on which the amounts were paid to that body under section 64B; and (c) in making such other payments (if any), subject to such conditions (if any), as are prescribed. (3C) The amounts paid to the meat processor marketing body under section 64C may be applied by that body only: (a) in payment to the Commonwealth of amounts equal to the expenses incurred by the Commonwealth in relation to: (i) the collection or recovery of amounts referred to in section 64C; or (ii) the administration of that section; and (b) in making payments for or in connection with marketing and promotion relating to the slaughter and processing of meat and in accordance with the conditions (if any) on which the amounts were paid to that body under section 64C; and (c) in making any other payments prescribed by the regulations, subject to any prescribed conditions. (3D) The amounts paid to the meat processor research body under section 64D may be applied by that body only: (a) in payment to the Commonwealth of amounts equal to the expenses incurred by the Commonwealth in relation to: (i) the collection or recovery of amounts referred to in section 64D; or (ii) the administration of that section; and (b) in making payments for or in connection with research and development relating to the slaughter and processing of meat and in accordance with the conditions (if any) on which the amounts were paid to that body under section 64D; and (c) in making any other payments prescribed by the regulations, subject to any prescribed conditions.