144Funding for Gellung Warl from Consolidated Fund

144 Funding for Gellung Warl from Consolidated Fund

(1) In the financial year 2025–2026 and each subsequent financial year there is to be paid out of the Consolidated Fund (which is appropriated to the necessary extent) an amount not exceeding the amount specified in Table 1 to be applied towards—

(a) in 2025–2026—

(i) the costs and expenses incurred in establishing Gellung Warl; and

(ii) the costs and expenses incurred by Gellung Warl in the performance of its functions and exercise of its powers; and

(b) in subsequent financial years, the costs and expenses incurred by Gellung Warl in the performance of its functions and exercise of its powers.

Table 1

| Column 1 Item | Column 2 Financial year | Column 3 Maximum amount appropriated | | 1 | 2025–2026 | $3 000 000 | | 2 | 2026–2027 | $23 805 000 | | 3 | 2027–2028 | $71 010 000 | | 4 | 2028–2029 | $72 179 000 | | 5 | 2029–2030 and each subsequent financial year | 102·5% of the maximum amount appropriated for the previous financial year |

(2) In addition to subsection (1), in the financial years 2026–2027 to 2028–2029 there is to be paid out of the Consolidated Fund (which is appropriated to the necessary extent) an amount not exceeding the amount specified in Table 2 for use as capital expenditure by Gellung Warl.

Table 2

| Column 1 Item | Column 2 Financial year | Column 3 Maximum amount appropriated | | 1 | 2026–2027 | $20 950 000 | | 2 | 2027–2028 | $15 450 000 | | 3 | 2028–2029 | $400 000 |

(3) An amount appropriated under subsection (1) or (2) but not applied in a financial year may be applied in the following financial year.

(4) Any surplus money appropriated under subsection (1) or unspent capital expenditure referred to in subsection (2) that is not required for the costs and expenses incurred in establishing Gellung Warl or incurred by Gellung Warl in the performance of functions and exercise of powers may be paid into the Self-Determination Fund or used for investment purposes.