CTHRepealedAct
Stevedoring Industry Finance Committee Act 1977
18Application of money of Committee
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#### 18 Application of money of Committee
(1) The money of the Committee shall be applied only:
(a) in the payment or discharge of the costs, expenses and other obligations of the Committee under this Act, including costs and expenses incurred by the Committee in, or in connection with, the making of payments under paragraphs (aa) and (b); and
(aa) in payment to the Commonwealth of amounts equal to the expenses incurred by the Commonwealth in relation to:
(i) the collection or recovery of levy; and
(ii) the payment, of amounts equal to the amounts of levy collected or recovered, to the Committee; and
(b) in the payment of remuneration and allowances payable to any person under this Act.
(2) Subsection (1) does not prevent investment of surplus money of the Committee under section 18 of the Commonwealth Authorities and Companies Act 1997.