39CClosure of funds

39C Closure of funds (1) Section 19(4) of the **Financial Management Act 1994** does not apply to the Public Transport Fund or Roads Fund. (2) The Minister administering section 19 of the **Financial Management Act 1994** may, with the approval of the Minister administering section 39A or 39B, direct that a trust account established under section 39A or 39B be closed and, after all liabilities of the trust account have been met, the trust account must be closed accordingly. (3) Section 19(5) of the **Financial Management Act** **1994** applies for the purposes of this section as if a reference to a trust account closed under that section were a reference to a trust account closed under this section. Pt 3 Div. 4 (Heading and ss 40–50) repealed by No. 49/2019 s. 57. Pt 3 Div. 5 (Heading and ss 51–62) repealed by No. 3/2017 s. 11.