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GENE TECHNOLOGY ACT 2000 - SECT 132 Purposes of Account

GENE TECHNOLOGY ACT 2000 - SECT 132

Purposes of Account

    Amounts standing to the credit of the Account may be expended:

  (a)   in payment or discharge of the costs, expenses and other obligations incurred:

  (i)   by the Regulator in the performance of the Regulator's functions or in the exercise of the Regulator's powers under this Act, the regulations or a corresponding State law; or

  (ii)   by an inspector under paragraph   158(2)(e) or under a corresponding State law; and

  (b)   in payment of any remuneration and allowances payable to any person under this Act or the regulations.