New South Wales Consolidated Acts
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HEALTH ADMINISTRATION ACT 1982 - SECT 13A
Corporation to manage accounts of health professional councils
13A Corporation to manage accounts of health professional councils
(1) The Corporation is to establish in the Special Deposits Account in the
Treasury a separate account in respect of each of the health professional
councils referred to in Schedule 2A.
(2) There is to be paid into each such
account: (a) the money transmitted to the Corporation in accordance with the
Health Practitioner Regulation National Law (NSW) , and
(b) any other money
which may lawfully be paid into the account.
(3) The Corporation may pay out
of such an account: (a) amounts required to meet the costs incurred in the
administration or execution of the Health Practitioner Regulation National Law
(NSW) and the regulations made under that Law, and
(b) amounts necessary to
meet any costs associated with the employment of NSW Health Service staff to
enable the Corporation to exercise its functions in respect of that council.
(3A) For the purposes of section 4E (2) of the Public
Sector Employment and Management Act 2002 , the Corporation is taken to be the
statutory corporation in respect of which staff are employed under Chapter 1A
of that Act to enable a health professional council to exercise its functions.
Accordingly, the Corporation is authorised to pay out of an account under this
section any employment-related costs that the Corporation is directed to pay
under section 4E (2) of that Act.
(4) The Corporation may invest money in
such an account: (a) in the manner authorised by the Public
Authorities (Financial Arrangements) Act 1987 , or
(b) if that Act does not
confer power on the Corporation to invest the money, in any other manner
approved by the Treasurer.
(5) The interest or profits accruing from any such
investment are to be paid into the relevant account.
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