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NATIONAL ENVIRONMENT PROTECTION COUNCIL ACT 1994 - SECT 56
Application of money of Service Corporation
- (1)
- The money of the Service Corporation is to be applied:
- (a)
- in payment
or discharge of the costs, expenses and other obligations incurred by the
Corporation in the performance of its functions and the exercise of its powers
(including costs and expenses incurred by the Corporation on behalf of the
Council or a committee of the Council); and
- (b)
- in payment of any
remuneration or allowances payable under this Act; and
- (c)
- in providing, or
paying for, any other benefits that are authorised under this Act.
- (2)
- Subsection (1) does not prevent investment of surplus money of the
Service Corporation under section 18 of the Commonwealth Authorities and
Companies Act 1997 as it applies to the Service Corporation under
section 59 of this Act.
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