23Purposes of the Account

23 Purposes of the Account

(1) This section sets out the purposes of the Account. (2) Amounts standing to the credit of the Account may be debited for the following purposes: (a) to pay or discharge the costs, expenses or other obligations incurred by ComSuper in the performance of its function under this Act or another law of the Commonwealth; (b) to pay any remuneration and allowances payable to any person under this Act; (c) to pay CSC a share of revenue received by ComSuper in relation to a superannuation scheme administered by CSC, as agreed between ComSuper and CSC; (d) to meet the expenses of administering the Account; (e) to repay amounts required by law; (f) to reduce the balance of the Account (and, therefore, the available appropriation for the Account) without making a real or notional payment.

Note: See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).