71Appropriation

71 Appropriation

Amounts not exceeding in the aggregate the sum of:

(a) any moneys of a defunct body that vest in the Commonwealth by force of paragraph 70(1)(a); and

(b) any moneys appropriated by an Act before the commencement day for purposes related to the defunct body, being moneys that have not been paid to the defunct body before the commencement day and the appropriation of which has not lapsed;

are payable out of the Consolidated Revenue Fund for the purpose of expenditure by the Department:

(c) in the payment of discharge of debts, liabilities and obligations of the defunct body in respect of which the Commonwealth becomes liable by virtue of paragraph 70(1)(b); and

(d) in the making of payments required to be made under contracts to which the defunct body was a party immediately before the commencement day;

and the Consolidated Revenue Fund is appropriated accordingly.