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Council of Law Reporting Act 1990
10Funds of Council
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10 Funds of Council
(1) [Section 10 Subsection (1) amended by No. 74 of 1999, Sched. 2, Applied:01 Jan 2000] The Council may establish such authorised deposit-taking institution accounts as it considers necessary.
(2) The funds of the Council shall be paid to the credit of such accounts as it determines.
(3) The funds of the Council shall be applied only –
(a) in the payment or discharge of the expenses, charges and obligations incurred or undertaken by the Council in theperformance of its functions or the exercise of its powers; and
(b) in the payment of any remuneration and allowances payable under this Act.