Commonwealth Consolidated Acts

WATER ACT 2007 - SECT 112

  (1)   There may be credited to the Account:

  (a)   all money appropriated by the Parliament for the purposes of the Account; and

  (b)   amounts received by the Commonwealth in connection with the performance of the Commonwealth Environmental Water Holder's functions under this Act; and

  (c)   amounts paid by a Basin State, under an agreement between the Commonwealth and the State, for crediting to the Account; and

  (d)   amounts equal to money received by the Commonwealth in relation to property paid for with money from the Account; and

  (e)   amounts equal to amounts of any gifts given or bequests made for the purposes of the Account.

Note:   An Appropriation Act provides for amounts to be credited to a special account if any of the purposes of the special account is a purpose that is covered by an item in the Appropriation Act.

  (2)   For the purposes of paragraph   (1)(e), amounts received by the Commonwealth Environmental Water Holder, on behalf of the Commonwealth, as gifts or bequests are taken to be gifts given or bequests made for the purposes of the Account.