New South Wales Consolidated Acts

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REGISTRATION OF INTERESTS IN GOODS ACT 1986 - SECT 11

Funding arrangements

11 Funding arrangements

(1) There is to be established in the Special Deposits Account in the Treasury an account to be called the “Registration of Interests in Goods Account”.
(2) Subject to this section, the account is to be considered to be a working account under section 13A of the Public Finance and Audit Act 1983 .
(3) There is to be paid into the account:
(a) the fees and charges paid to the Director-General under this Act, and
(b) any amount advanced by the Treasurer under subsection (4), and
(c) any amount paid to the Director-General under an agreement referred to in section 15A.
(4) The Treasurer may pay money into the account by way of advance.
(5) There is payable out of the account:
(a) compensation payable by the Director-General under this Act, and
(b) any amounts required to be paid by the Director-General under an agreement referred to in section 15A, and
(b1) any amount authorised by the head of the Department of Fair Trading, with the consent of the Minister, to be paid out of the account in payment of any costs and expenses incurred in the administration of this Act within that Department, and
(c) any amount required to repay an advance made by the Treasurer under subsection (4), and
(d) any amount authorised by the Director-General, with the consent of the Minister, to be paid out of the account in payment of any costs and expenses incurred within the Department of Fair Trading (including, but not limited to, costs and expenses incurred in the administration of any Act).



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