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Public Governance, Performance and Accountability (Consequential and Transitional Provisions) Act 2014
683Application of money by NOPSEMA
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#### 683 Application of money by NOPSEMA
(1) The money of NOPSEMA is to be applied only:
(a) in payment or discharge of the costs, expenses and other obligations incurred by NOPSEMA in the performance of its functions and the exercise of its powers; and
(b) in payment of any remuneration or allowances payable under this Act.
(2) Subsection (1) does not prevent investment, under section 59 of the Public Governance, Performance and Accountability Act 2013, of money that is not immediately required for the purposes of NOPSEMA.
89 Transitional—transferring balance of the special account
(1) The Commonwealth must pay to NOPSEMA an amount equal to the balance of the National Offshore Petroleum Safety and Environmental Management Authority Special Account immediately before the commencement of this item.
(2) An amount payable under subitem (1) is to be paid out of the Consolidated Revenue Fund, which is appropriated accordingly.
90 Subsection 685(1)
Omit “, on behalf of the Commonwealth,”.
91 Paragraph 685(3)(a)
Omit “on behalf of the Commonwealth”.
92 Paragraph 685(3)(b)
Omit “, on behalf of the Commonwealth,”.
Water Act 2007
93 Subsection 4(1) (definition of Murray‑Darling Basin Special Account)
Repeal the definition, substitute:
> Murray‑Darling Basin Special Account means the fund mentioned in section 209.
94 Subsections 173(3), (4) and (5)
Repeal the subsections.
95 Section 174
Repeal the section, substitute: