56ARPANSA Account

56 ARPANSA Account

(1) There is continued in existence the ARPANSA Account.

Note: The Account was established by subsection 5(3) of the Financial Management Legislation Amendment Act 1999.

(2) The Account is a special account for the purposes of the Public Governance, Performance and Accountability Act 2013. (3) Amounts equal to the following must be credited to the Account: (a) amounts received by the Commonwealth under the Licence Charges Act; (b) fees received by the Commonwealth under section 34; (c) amounts received by the Commonwealth in connection with the performance of the CEO’s functions under this Act or the regulations; (d) interest received by the Commonwealth from the investment of an amount standing to the credit of the Account; (e) money received by the Commonwealth in relation to property paid for after a debit of the Account in respect of an amount equal to the purchase price of the property; (f) amounts recovered by the Commonwealth under subsection 41(7), to the extent that they are referable to costs debited from the Account; (g) amounts of any gifts given or bequests made for the purposes of the Account.

Note: An Appropriation Act provides for amounts to be credited to a special account if any of the purposes of the special account is a purpose that is covered by an item in the Appropriation Act.

(4) The purposes of the Account are to make payments: (a) to further the object of this Act (as set out in section 3); and (b) otherwise in connection with the performance of the CEO’s functions under this Act or the regulations.