55BPayments into and out of Rule funds

55B Payments into and out of Rule funds

55B Payments into and out of Rule funds

(1) AEMO must ensure that there is paid into each Rule fund—

(a) all amounts received by AEMO that, under the Rules, are required to be paid into the fund; and

(b) income from investment of money in the fund.

(2) Money held in a Rule fund may be applied only in payment of—

(a) amounts that, under the Rules, are required or permitted to be paid from the fund; or

(b) liabilities or expenses of the fund.

ss 55A–55C: Ins 2009 No 31, sec 17.