Commonwealth Consolidated Acts

OZONE PROTECTION AND SYNTHETIC GREENHOUSE GAS MANAGEMENT ACT 1989 - SECT 65C

  (1)   Amounts equal to the following amounts must be credited to the Account:

  (a)   amounts received by the Commonwealth under the Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Act 1995 or the Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Act 1995 ;

  (b)   amounts received by the Commonwealth as fees for applications under this Act or the regulations;

  (e)   income received by the Commonwealth from the operation of the National Halon Bank;

  (f)   interest received by the Commonwealth from the investment of money standing to the credit of the Account.

Notional payments and receipts by non - corporate Commonwealth entities

  (2)   If:

  (a)   either:

  (i)   a non - corporate Commonwealth entity makes a notional payment to another non - corporate Commonwealth entity; or

  (ii)   one part of a non - corporate Commonwealth entity makes a notional payment to another part of that entity; and

  (b)   the transaction would involve the debiting of an appropriation if the notional payment were a real payment;

then:

  (c)   this section applies in relation to the notional payment as if it were a real payment; and

  (d)   this section applies in relation to the notional receipt of the notional payment as if it were a real receipt.

Note:   This subsection applies to transactions that do not actually involve payments or receipts, because the parties to the transaction (non - corporate Commonwealth entities) are merely parts of the Commonwealth.

  (3)   In subsection   (2):

"non-corporate Commonwealth entity" has the same meaning as in the Public Governance, Performance and Accountability Act 2013 .