26Commonwealth receipts under funding agreements

26 Commonwealth receipts under funding agreements

(1) This section applies if: (a) the Commonwealth enters into an agreement with a person or body in relation to the spending of amounts debited from the Account and paid by the Commonwealth; and (b) the agreement contains a provision requiring an amount to be paid or repaid to the Commonwealth in specified circumstances; and (c) the Commonwealth receives money under the agreement. (2) An amount equal to the receipt is to be credited to the Account.