AUSTRALIAN SPORTS COMMISSION ACT 1989 - SECT 45 Application of money
AUSTRALIAN SPORTS COMMISSION ACT 1989 - SECT 45
Application of money(1) The money of the Commission shall be applied only:
(a) in payment or discharge of the expenses, charges, obligations and liabilities incurred or undertaken by the Commission in the performance of its functions and the exercise of its powers; and
(b) in payment of remuneration and allowances payable under this Act.
(2) Subsection ( 1) does not prevent investment, under
section 59 of the
Public Governance, Performance and Accountability Act 2013 , of money that is
not immediately required for the purposes of the Commission.