92Payments in and out of the REZ Community Energy Fund

92 Payments in and out of the REZ Community Energy Fund

(1) There must be paid into the REZ Community Energy Fund—

(a) money that is appropriated by the Parliament for the purposes of the Fund; and

(b) money paid to VicGrid for a purpose of the Fund; and

(c) all money that is received from the investment of money in the Fund; and

(d) an amount of money determined by the Treasurer, after consultation with the Minister; and

(e) money directed or authorised to be paid into the Fund by or under this or any other Act.

(2) Money in the REZ Community Energy Fund may only be paid out of the Fund as follows—

(a) subject to subsection (3), for the purposes of the Fund;

(b) for the purpose of covering the costs of administering the Fund.

(3) Money paid out of the REZ Community Energy Fund, as a grant, for a purpose of the Fund must be in accordance with the REZ Community Energy Fund program guidelines.

S. 93 inserted by No. 38/2025 s. 50.