CTHRepealedAct
Petroleum (Submerged Lands) Act 1967
150YPPurposes of the Account
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#### 150YP Purposes of the Account
The purposes of the Account are as follows:
(a) to pay or discharge the costs, expenses and other obligations incurred by the Safety Authority in the performance of its functions or the exercise of its powers;
(b) to pay any remuneration or allowances payable to Board members, the CEO and the staff of the Safety Authority;
(c) to make any other payments that the Safety Authority is authorised to make by or under any law of a State or of the Northern Territory that confers powers on the Safety Authority or on the staff of the Safety Authority in the area and under circumstances described in section 150XI.
> Note: See section 21 of the Financial Management and Accountability Act 1997.