Commonwealth Numbered Acts

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NATIONAL FILM AND SOUND ARCHIVE ACT 2008 (NO. 14, 2008) - SECT 38

Application of money by the National Film and Sound Archive

             (1)  The money of the National Film and Sound Archive is to be applied only:

                     (a)  in payment or discharge of the costs, expenses and other obligations incurred or undertaken by the National Film and Sound Archive in the performance of its functions and the exercise of its powers; and

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

             (2)  Subsection (1) does not prevent investment of surplus money of the National Film and Sound Archive under section 18 of the Commonwealth Authorities and Companies Act 1997 .



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