24Subsection 48(1)

24  Subsection 48(1)

 (1) There are to be paid to the Authority amounts equal to:

 (a) amounts of levy received, or purportedly received, by the Commonwealth under:

 (i) the Marine Navigation Levy Act 1989; and

 (ii) the Marine Navigation (Regulatory Functions) Levy Act 1991; and

 (iii) the Protection of the Sea (Shipping Levy) Act 1981; and

 (b) amounts received, or purportedly received, by the Commonwealth, under section 8 of the Protection of the Sea (Shipping Levy Collection) Act 1981, as amounts on account of levy; and

 (c) amounts of penalty received, or purportedly received, by the Commonwealth under:

 (i) the Marine Navigation Levy Collection Act 1989; and

 (ii) the Marine Navigation (Regulatory Functions) Levy Collection Act 1991; and

 (iii) the Protection of the Sea (Shipping Levy Collection) Act 1981.

 (1A) If an amount referred to in paragraph (1)(a), (b) or (c) is refunded, the Authority must pay to the Commonwealth an amount equal to the refund.

 (1B) The Minister may, on behalf of the Commonwealth, set off an amount payable by the Authority under subsection (1A) against an amount that is payable to the Authority under subsection (1).