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Pharmacy Regulation Act 2010
102Victorian Pharmacy Authority Fund
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102 Victorian Pharmacy Authority Fund
(1) The Authority must establish and keep a fund to be called the Victorian Pharmacy Authority Fund.
(2) All fees, fines and penalties paid or recovered by the Authority under this Act must be paid into the Fund.
(3) The Authority must pay any other money received by it into the Fund, including income from the investments of the Fund.
(4) The Authority must pay out of the Fund—
(a) the expenses incurred by it in carrying out its functions and powers; and
(b) any other expenses incurred in the administration of this Act; and
(c) any payments to be made to members of the Authority under this Act and any payments to be made to other persons under this Act; and
(d) any other payments recommended by the Authority and approved by the Minister.
(5) The Authority must pay out of the Fund each financial year an amount determined by the Authority to meet the expenses of VCAT in performing functions under this Act during that year.
(6) The amount in any financial year must not be less than the amount (if any) specified in relation to that year by the Attorney-General by written notice given to the Authority.