35Payments into banking accounts

35 Payments into banking accounts (1) All public money is the property of the Territory. (2) If public money is received by a person other than for the purpose of making a payment in the course of their duties, the person must take reasonable steps to safeguard the money until it is paid into a banking account in accordance with this section. (3) Money must be paid into a directorate banking account of a directorate if the money is— (a) money that may be disbursed to the directorate as a consequence of an appropriation; or (b) a receipt relating to the operations of the directorate; or (c) a receipt relating to the sale or disposal of assets of the Territory held by the directorate. (4) All public money, except money payable into a directorate banking account, must be paid into the territory banking account. (5) The Treasurer may issue financial management guidelines regarding the banking of public money.