QLDIn ForceAct
Housing Act 2003
sec.10Queensland Housing Fund
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### sec.10 Queensland Housing Fund
The Queensland Housing Commission Fund under the repealed Act is continued in existence as the Queensland Housing Fund.
The Financial Accountability Act 2009 applies to the fund.
Accounts for the fund must be kept as part of the departmental accounts.
Amounts received for the fund must be deposited in a departmental financial-institution account of the department, but may be deposited in an account used for depositing other amounts of the department.
Amounts received for the fund include—
amounts paid to the department as part of its vote under the Financial Accountability Act 2009 and made available by the department for use under this Act; and
amounts received from the Commonwealth for providing housing services; and
repayments for loans made under this Act; and
rent payments for public housing provided under this Act; and
the proceeds of the sale of portfolio property; and
other amounts received by the department under this Act.
An amount is payable from the fund for the purposes of this Act.
grants to registered providers
loans to individuals to obtain housing
purchases of land for the property portfolio
costs of administering this Act
Other amounts may be paid into, or out of, the fund for non-housing purposes but an amount may not be paid out of the fund for a non-housing purpose that is more than the amount paid into the fund for that non-housing purpose.
An amount may be paid into the fund under this section only if the amount is not required, under the Financial Accountability Act 2009 or another Act, to be paid into another fund or an account other than a departmental account.
In this section—
departmental accounts means the accounts of the department under the Financial Accountability Act 2009 , section 69 .
non-housing purpose means a purpose other than a purpose of this Act.
other amounts of the department means amounts received by the department other than amounts received for the fund.
s 10 amd 2009 No. 9 s 136 sch 1
(sec.10-ssec.1) The Queensland Housing Commission Fund under the repealed Act is continued in existence as the Queensland Housing Fund.
(sec.10-ssec.2) The Financial Accountability Act 2009 applies to the fund.
(sec.10-ssec.3) Accounts for the fund must be kept as part of the departmental accounts.
(sec.10-ssec.4) Amounts received for the fund must be deposited in a departmental financial-institution account of the department, but may be deposited in an account used for depositing other amounts of the department.
(sec.10-ssec.5) Amounts received for the fund include— amounts paid to the department as part of its vote under the Financial Accountability Act 2009 and made available by the department for use under this Act; and amounts received from the Commonwealth for providing housing services; and repayments for loans made under this Act; and rent payments for public housing provided under this Act; and the proceeds of the sale of portfolio property; and other amounts received by the department under this Act.
(sec.10-ssec.6) An amount is payable from the fund for the purposes of this Act. grants to registered providers loans to individuals to obtain housing purchases of land for the property portfolio costs of administering this Act
(sec.10-ssec.7) Other amounts may be paid into, or out of, the fund for non-housing purposes but an amount may not be paid out of the fund for a non-housing purpose that is more than the amount paid into the fund for that non-housing purpose.
(sec.10-ssec.8) An amount may be paid into the fund under this section only if the amount is not required, under the Financial Accountability Act 2009 or another Act, to be paid into another fund or an account other than a departmental account.
(sec.10-ssec.9) In this section— departmental accounts means the accounts of the department under the Financial Accountability Act 2009 , section 69 . non-housing purpose means a purpose other than a purpose of this Act. other amounts of the department means amounts received by the department other than amounts received for the fund.
- (a) amounts paid to the department as part of its vote under the Financial Accountability Act 2009 and made available by the department for use under this Act; and
- (b) amounts received from the Commonwealth for providing housing services; and
- (c) repayments for loans made under this Act; and
- (d) rent payments for public housing provided under this Act; and
- (e) the proceeds of the sale of portfolio property; and
- (f) other amounts received by the department under this Act.
- • grants to registered providers
- • loans to individuals to obtain housing
- • purchases of land for the property portfolio
- • costs of administering this Act