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OZONE PROTECTION AND SYNTHETIC GREENHOUSE GAS MANAGEMENT ACT 1989 - SECT 65 Simplified outline of this Part

OZONE PROTECTION AND SYNTHETIC GREENHOUSE GAS MANAGEMENT ACT 1989 - SECT 65

Simplified outline of this Part

This Part   continues in existence the Ozone Protection and SGG Account, which is a special account for the purposes of the Public Governance, Performance and Accountability Act 2013 .

Amounts are credited to the Account from the following sources:

  (a)   application fees received by the Commonwealth under this Act or the regulations;

  (b)   levy amounts received by the Commonwealth under the Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Act 1995 or the Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Act 1995 ;

  (c)   income received by the Commonwealth from the operation of the National Halon Bank;

  (d)   interest received by the Commonwealth from the investment of money standing to the credit of the Account.

The purposes of the Account include paying or reimbursing the Commonwealth's costs associated with the following:

  (a)   administering this Act and the regulations;

  (b)   furthering certain programs to phase out or phase down, or minimise emissions of, scheduled substances;

  (c)   managing the National Halon Bank;

  (d)   research relating to ozone depleting substances or SGGs.