55Purposes of the Account

#### 55 Purposes of the Account (1) The purposes of the Account are as follows: (a) paying or discharging the costs, expenses and other obligations incurred by the Commonwealth in the performance of the functions of: (i) the Council; or (ii) the NEPC Committee; or (iii) any other committee established under section 33; (b) either: (i) paying grants for amounts consistent with the aim of people enjoying the benefit of equivalent protection from air, water or soil pollution and from noise, wherever they live in Australia; or (ii) paying or discharging the costs, expenses and other obligations incurred by the Commonwealth in undertaking projects with that aim; whether or not the grants or projects relate to a national environment protection measure or proposed national environment protection measure; (c) paying any remuneration and allowances payable to any person under this Act; (d) meeting the expenses of administering the Account; (e) paying amounts that are required or permitted to be repaid under this Act; (f) paying for activities that are incidental to the purposes mentioned in paragraphs (a) to (e). > Note: See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts). (2) However, the purposes of the Account referred to in paragraph (1)(b) are limited to: (a) purposes related to external affairs, including: (i) purposes related to giving effect to an international agreement to which Australia is a party; and (ii) purposes related to addressing matters of international concern; and (b) purposes related to a Territory; and (c) purposes related to the executive power of the Commonwealth; and (d) purposes related to matters that are peculiarly adapted to the government of a nation, and that cannot otherwise be carried on for the benefit of the nation; and (e) purposes related to matters incidental to the purposes referred to in paragraphs (a) to (d). 47 Transitional—transferring money of the NEPC Service Corporation to the special account There must be credited to the National Environment Protection Council Special Account an amount equal to the sum of all amounts held by the NEPC Service Corporation immediately before the commencement of this item. Note: On commencement, these amounts vest in the Commonwealth under item 56 of this Schedule. 48 Section 60 Omit “, the NEPC Service Corporation”. 49 Subsection 61(1) Omit “, the Service Corporation”. Telecommunications Universal Service Management Agency Act 2012 50 Section 31 (note) Repeal the note, substitute: > Note 1: TUSMA does not have a legal identity separate from the Commonwealth. > Note 2: In this Act, TUSMA means the Telecommunications Universal Service Management Agency—see section 4. 51 Sections 33 and 34 Repeal the sections, substitute: