Commonwealth Numbered Acts

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EDUCATION SERVICES FOR OVERSEAS STUDENTS ACT 2000 - SECT 47

What money goes into the Fund
(1)
The following amounts must be credited to the Fund:

(a)
all amounts of annual Fund contributions received from providers (see Subdivision A of Division 4);

(b)
all amounts of special levy received from registered providers (see Subdivision C of Division 4);

(c)
all amounts recovered from providers under section 78;

(d)
the proceeds from any investments made using Fund money under section 79;

(e)
any money the Fund Manager borrows for the Fund;

(f)
any other money appropriated by the Parliament for the purpose of the Fund;

(g)
any late payment penalty or review fees received by the Fund Manager;

(h)
any other amount given to the Fund.

CRF appropriation

(2)
Whenever an amount of annual Fund contribution or special levy is received, then to the extent that section 81 of the Constitution applies to the receipt, the Consolidated Revenue Fund is appropriated by that amount for the purpose of the Fund.



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