Creative Australia Act 2023
79Application of money by Creative Australia
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79 Application of money by Creative Australia
(1) The money of Creative Australia is to be applied only: (a) in payment or discharge of the costs, expenses and other obligations incurred or undertaken by Creative Australia in the performance of its functions and the exercise of its powers; and (b) in payment of any remuneration or allowances payable under this Act.
Note: See subsection 12(3) for the obligations of Creative Australia in relation to money or other property held on trust or accepted subject to a condition.
(2) Subsection (1) does not prevent investment, under section 59 of the PGPA Act, of money that is not immediately required for the purposes of Creative Australia.