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Fisheries Legislation Amendment (New Governance Arrangements for the Australian Fisheries Management Authority and Other Matters) Act 2008
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Turn the raw legal text into a practical explanation grounded in Fisheries Legislation Amendment (New Governance Arrangements for the Australian Fisheries Management Authority and Other Matters) Act 2008.
10A Financial liabilities
(1) Any financial liabilities of the Authority are taken to be liabilities of the Commonwealth.
(2) For the purposes of this section:
financial liability means a liability to pay a person an amount, where the amount, or the method for working out the amount, has been determined.