New South Wales Consolidated Acts

FORESTRY ACT 1916 - SECT 13

13 Application of money

(1) All money received by the commission shall be paid into an account referred to in section 12.

(2) All money received by the commission shall be applied for the purposes of this Act.

(3) Any interest payable on money invested shall be payable to the commission.

(4) All money appropriated by Parliament for the purposes of this Act shall be expended under the control and management of the commission.

(5) The Minister may from time to time by notice published in the Gazette set a limit on the amount of money that the commission may expend on any work without the approval of the Minister. Any expenditure by the commission that exceeds that limit is subject to the approval of the Minister.

(6) Nothing in this section affects the operation of the Public Authorities (Financial Arrangements) Act 1987 in relation to the commission.