Commonwealth Numbered Acts

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PIG INDUSTRY ACT 1986 No. 157, 1986 - SECT 25

Application of money of Corporation, &c.
25. (1) The money of the Corporation may be applied only-

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

   (b)  in payment of any remuneration, allowances, fees or expenses payable
        under this Act; and

   (c)  in making any other payments that the Corporation is authorised or
        required to make under this Act.

(2) The Corporation is liable to pay the expenses, and discharge the
liabilities, incurred or undertaken by the Committee or the Council.

(3) The Committee or the Council shall pay to the Corporation any money
received by it.

(4) The Chairperson of the Council shall, before the commencement of each
financial year, consult with the Chairperson of the Corporation with respect
to the expenditure or liabilities proposed to be incurred or undertaken by the
Council during that year. 


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