Commonwealth Consolidated Acts

TOURISM AUSTRALIA ACT 2004 - SECT 58

             (1)  The money of Tourism Australia consists of:

                     (a)  money paid to Tourism Australia under section 57; and

                     (b)  any other money paid to Tourism Australia.

             (2)  The money of Tourism Australia (other than money vested in Tourism Australia on trust) is to be applied only:

                     (a)  to pay or discharge the costs, expenses and other obligations incurred by Tourism Australia in the performance of its functions and the exercise of its powers; and

                     (b)  to pay any remuneration or allowances payable under this Act.

             (3)  Subsection (2) does not prevent investment of surplus money of Tourism Australia under section 18 of the Commonwealth Authorities and Companies Act 1997 .