39APublic Transport Fund

39A Public Transport Fund (1) There must be established in the Public Account as part of the Trust Fund an account to be known as the Public Transport Fund. (2) Subject to subsection (4) and section 39B(2), the Head, Transport for Victoria must pay into the Public Transport Fund all trading revenue, interest and other money received by or paid to the Head, Transport for Victoria. (3) Subject to subsection (4) and in addition to subsection (2), there must be paid into the Public Transport Fund— (a) all amounts received under agreements, leases or licences to which the Head, Transport for Victoria, or another person on behalf of the Head, Transport for Victoria, is a party relating to, or connected with, transport services; and (b) all amounts allocated to the Head, Transport for Victoria in accordance with any agreement referred to in section 64D(2)(e). (4) The Treasurer or Minister administering Part 7 of the **Financial Management Act 1994** may specify a class or classes of money that would otherwise be payable into the Public Transport Fund under subsection (2) or (3) as money that must not be paid into that Fund. (5) There may be paid out of the Public Transport Fund— (a) amounts for, or in connection with, the performance of the functions of the Head, Transport for Victoria, including— (i) amounts to be paid under agreements, leases or licences to which the Head, Transport for Victoria, or another person on behalf of the Head, Transport for Victoria, is a party relating to, or connected with, transport services; and (ii) refunds of money under agreements relating to the provision of passenger services; or (b) amounts for other purposes as approved by the Treasurer or Minister administering Part 7 of the **Financial Management Act** **1994**; or (c) amounts required to be paid out by or under this Act or any other Act. S. 39B inserted by No. 49/2019 s. 11.