Teacher Housing Authority Act 1975
21Teacher Housing Authority Account
Start here
Get a plain-English read of 21
Turn the raw legal text into a practical explanation grounded in Teacher Housing Authority Act 1975.
21 Teacher Housing Authority Account
21 Teacher Housing Authority Account
(1) There shall be established in the Special Deposits Account in the Treasury a Teacher Housing Authority Account into which shall be deposited all moneys received by the Authority and from which shall be paid all amounts required to meet expenditure incurred in accordance with the provisions of this Act including any amount for which the Authority is liable under the Capital Debt Charges Act 1957.
(2) The Treasurer may, out of moneys provided by Parliament, from time to time make such contributions to the funds of the Authority as may be determined by the Treasurer.