Energy Security Corporation Act 2024
39Payments into the ESC Fund
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39 Payments into the ESC Fund
39 Payments into the ESC Fund
(1) The following may be paid into the ESC Fund—
(a) $1,000,000,000 from the Restart NSW Fund under the Restart NSW Fund Act 2011,
Note—
The Restart NSW Fund Act 2011, section 8(c) provides that money is payable from the Restart NSW Fund if the money is directed or authorised to be paid from the Fund by another Act.
(b) money appropriated by Parliament for the purposes of the ESC Fund,
(c) money appropriated by Parliament to the Treasurer for the general purposes of the Government, not for the purposes of an individual agency, and directed by the Treasurer to be paid into the Fund,
(d) the proceeds of investment money in the ESC Fund,
(e) money received from voluntary contributions to the ESC Fund made by a government agency or another person or body,
(f) money the Corporation pays into the account,
(g) other money required by this Act or another Act or law to be paid into the ESC Fund.
(2) The amount under subsection (1)(a) may be paid in instalments determined by the Treasurer by order published in the Gazette.
(3) The Treasurer may give a direction that money appropriated or paid under subsection (1)(b) or (c) is appropriated or paid on condition of repayment into the Consolidated Fund in accordance with the Treasurer’s direction.