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SOCIAL SECURITY (ADMINISTRATION) ACT 1999 - SECT 242 Appropriation

SOCIAL SECURITY (ADMINISTRATION) ACT 1999 - SECT 242

Appropriation

  (1)   Payments under the social security law and payments by the Commonwealth to financial corporations under the Student Financial Supplement Scheme established under Chapter   2B of the 1991 Act are to be made out of the Consolidated Revenue Fund, which is appropriated accordingly.

  (2)   However, subsection   (1) does not apply to a payment of an amount under an arrangement or grant referred to in section   1062A of the 1991 Act.

Note:   Such a payment is to be made out of money appropriated by the Parliament by another Act, which will usually be an Annual Appropriation Act.

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