Batchelor Institute of Indigenous Tertiary Education Act 1999
37ADI accounts
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37 ADI accounts (1) Subject to this Part, the Council may open and maintain an account or accounts with an ADI as it considers appropriate for the Institute. (2) All money received by the Institute is to be paid into an account maintained under subsection (1).
Part 6 Property, finance, audit and annual reports Batchelor Institute of Indigenous Tertiary Education Act 1999 28 (3) Subject to the terms of a trust or a condition under which money is acquired by the Institute, money in the accounts of the Institute is only to be applied: (a) by or with the authority of the Council; and (b) for the purposes of the Institute.