Commonwealth Consolidated Acts

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AUSTRALIAN RADIATION PROTECTION AND NUCLEAR SAFETY ACT 1998 - SECT 56

ARPANSA Account

             (1)  There is continued in existence the ARPANSA Account.

Note:          The Account was established by subsection 5(3) of the Financial Management Legislation Amendment Act 1999 .

             (2)  The Account is a Special Account for the purposes of the Financial Management and Accountability Act 1997 .

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

                     (a)  amounts received by the Commonwealth under the Licence Charges Act;

                     (b)  fees received by the Commonwealth under section 34;

                     (c)  amounts received by the Commonwealth in connection with the performance of the CEO's functions under this Act or the regulations;

                     (d)  interest received by the Commonwealth from the investment of an amount standing to the credit of the Account;

                     (e)  money received by the Commonwealth in relation to property paid for after a debit of the Account in respect of an amount equal to the purchase price of the property;

                      (f)  amounts recovered by the Commonwealth under subsection 41(7), to the extent that they are referable to costs debited from the Account;

                     (g)  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 Account is a purpose that is covered by an item in the Appropriation Act.

             (4)  The purposes of the Account are to make payments:

                     (a)  to further the object of this Act (as set out in section 3); and

                     (b)  otherwise in connection with the performance of the CEO's functions under this Act or the regulations.



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