18Management Account of the Board

18 Management Account of the Board (1) The Board must keep an account called the Management Account. S. 18(2) substituted by No. 94/2005 s. 15. (2) The Board must credit to the Management Account— (a) any money appropriated from time to time by the Board from the Scheme; (b) any amount received under subsection (3); (c) any money standing to the credit of the Management Account established under section 17(1) of the **State Superannuation Act 1988** immediately before the commencement of the **Superannuation Legislation (Governance Reform) Act 2005**. S. 18(3) substituted by No. 94/2005 s. 15. (3) If the Board administers any other superannuation fund or scheme or provides services to any Minister, employer or employing authority, the Board may require reimbursement for the costs of that administration or the provision of those services. S. 18(4) inserted by No. 94/2005 s. 15. (4) The Board must debit to the Management Account— (a) the remuneration paid to members of the Board; (b) the salaries or other remuneration paid to persons employed for the purposes of this Act; (c) the expenses incurred in administering the Scheme and carrying out its functions under a Superannuation Act or the regulations under a Superannuation Act or under any other Act or the regulations under that other Act; (d) the expenses of the Board in administering an administered scheme or any other superannuation scheme.