53Application of the Corporation’s money

#### 53 Application of the Corporation’s money (1) The Corporation’s money consists of: (a) money paid to the Corporation under subsection 49(2); and (b) any other money received by the Corporation. (2) The Corporation’s money is to be applied only: (a) in performing its investment function; and (b) in paying or discharging the costs, expenses and other obligations incurred by the Corporation in the performance of the Corporation’s functions; and (c) in paying any remuneration and allowances payable to any person under this Act; and (d) in making payments to the Commonwealth under section 54. (3) Subsection (2) does not prevent investment, under section 59 of the Public Governance, Performance and Accountability Act 2013, of money that is not immediately required for the purposes of the Corporation.