60Application of money

#### 60 Application of money (1) The Agency’s money is to be applied only: (a) in payment or discharge of the expenses, charges, obligations and liabilities incurred or undertaken by the Agency in the performance of its functions and the exercise of its powers; and (b) in payment of remuneration and allowances payable under this Act (including remuneration and allowances payable to ASDMAC members). (2) Subsection (1) does not prevent investment of surplus money of the Agency under section 18 of the Commonwealth Authorities and Companies Act 1997.