62BPayments into Great Ocean Coast and Parks Account

62B Payments into Great Ocean Coast and Parks Account

(1) There must be paid into the Great Ocean Road Coast and Parks Account—

(a) any licence fee for a tour operator licence collected by the Authority under Part III of the National Parks Act 1975; and

(b) despite any Act or law to the contrary (other than Parts 3 and 4 of the Crown Land (Reserves) Act 1978), any other revenue raised by the Authority that would otherwise be directed to the Consolidated Fund; and

(c) any money received by the Authority that is—

(i) the proceeds from the sale of any real property, including Crown land; or

(ii) a grant or other payment received from the Commonwealth; or

(iii) a donation; and

(d) all money received by or paid to the Authority in respect of the Great Ocean Road coasts and parks or any other land that it manages; and

(e) all money directed or authorised to be paid into the Great Ocean Road Coast and Parks Account by or under this Act, the regulations under this Act or any other Act; and

(f) income or interest received from the investment of money in the Great Ocean Road Coast and Parks Account; and

(g) all money that is appropriated by the Parliament for the purposes of the Great Ocean Road Coast and Parks Account.

(2) In addition, any money standing to the credit of the Great Ocean Road Coast and Parks Account may be invested in any securities that are approved by the Treasurer and any interest derived from those investments must be paid into the Great Ocean Road Coast and Parks Account.

(3) Subsection (2) applies despite any Act (other than the Charter of Human Rights and Responsibilities Act 2006) or law to the contrary.

S. 62C inserted by No. 42/2021 s. 16 (as amended by No. 23/2022 s. 8(1)).