ABORIGINAL LAND RIGHTS ACT 1983 - SECT 149 NSW Aboriginal Land Council Account

ABORIGINAL LAND RIGHTS ACT 1983 - SECT 149

149 NSW Aboriginal Land Council Account

(cf former section 29)

(1) The New South Wales Aboriginal Land Council is to establish in an authorised deposit-taking institution an account named the "New South Wales Aboriginal Land Council Account" (the
"Account" ).

(2) The following is to be deposited in the Account--

(a) money provided to the New South Wales Aboriginal Land Council by Parliament for the purposes of this Act,

(b) any other money received by that Council and not required by or under this or any other Act to be paid into any other account or fund.

(3) Subject to section 150, the following is to be paid from the Account--

(a) money to be provided to advisory committees and Local Aboriginal Land Councils for the purposes of this Act,

(b) amounts required to meet expenditure incurred by the New South Wales Aboriginal Land Council in the execution or administration of this Act,

(c) any other payments authorised by or under this or any other Act.

(4) Expenditure incurred in the execution or administration of this Act includes--

(a) the payment of the salaries of staff of the New South Wales Aboriginal Land Council, and

(b) the cost of the election of councillors (including the costs incurred by the Electoral Commissioner for New South Wales), and

(c) the payment of amounts for remuneration and allowances to councillors.

(5) Money to the credit of the Account may be invested in any manner authorised by the regulations.