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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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