Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

NATURAL HERITAGE TRUST OF AUSTRALIA ACT 1997 - SECT 26

Commonwealth receipts under funding agreements

  (1)   This section applies if:

  (a)   the Commonwealth enters into an agreement with a person or body in relation to the spending of amounts debited from the Account and paid by the Commonwealth; and

  (b)   the agreement contains a provision requiring an amount to be paid or repaid to the Commonwealth in specified circumstances; and

  (c)   the Commonwealth receives money under the agreement.

  (2)   An amount equal to the receipt is to be credited to the Account.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback