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Energy Security Corporation Act 2024
40Payments out of the ESC Fund
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40 Payments out of the ESC Fund
40 Payments out of the ESC Fund
(1) Money may be paid out of the ESC Fund into the Operational Fund.
(2) Money may be paid out of the ESC Fund into the Consolidated Fund for the purposes of repaying money paid into the ESC Fund under section 39(1)(b) or (c) if the payment was on condition of repayment under a direction given under section 39(3).
(3) The Minister and the Treasurer may pay the proceeds of investment money in the ESC Fund into the Consolidated Fund.