37APayments into territory banking account

37A Payments into territory banking account (a) a territory entity receives an amount appropriated for the territory entity from the territory banking account into its banking account; and (b) the amount received by the territory entity is excess to requirements (the excess amount).

(2) The territory entity may repay the excess amount or part of the excess amount to the territory banking account. (3) If an amount is repaid under subsection (2)— (a) the appropriation from which the excess amount was paid to the territory entity is taken to be restored by the amount repaid by the territory entity; and (b) the balance of the appropriation, including the amount repaid, may be applied for the purposes for which it was appropriated.