Commonwealth Numbered Acts

AUSTRALIAN FILM COMMISSION ACT 1975 No. 6 of 1975 - SECT 33

33. (1) The moneys of the Commission shall be applied only-

   (a)  in payment or discharge of the expenses, charges and obligations
        incurred or undertaken by the Commission in the performance of its
        functions, or the exercise of its powers, under this Act; and

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

(2) Any moneys of the Commission standing to the credit of an account for the
purposes of the general activities of the Commission, being moneys that are
not immediately required for the purposes of the Commission, may be invested-

   (a)  on fixed deposit with a bank approved by the Treasurer for the
        purposes of this sub-section;

   (b)  in securities of Australia; or

   (c)  in any other manner approved by the Treasurer.