Queensland Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CONSUMER CREDIT (QUEENSLAND) ACT 1994 - SECT 51

51 Establishment of fund

(1) The Consumer Credit Fund is continued in existence subject to the Financial Administration and Audit Act 1977, part 8, division 2.

(2) Accounts for the fund must be kept as part of the departmental accounts of the department.

(3) Amounts received for the fund must be deposited in a departmental financial-institution account of the department but may be deposited in an account used for depositing other amounts of the department.

(4) In this section--

Consumer Credit Fund means the fund established under the Credit Act 1987, section 153A, and subsequently continued in existence.

departmental accounts, of a department, means the accounts of the department under the Financial Accountability Act 2009, section 69.

departmental financial-institution account, of a department, means an account of the department kept under the Financial Accountability Act 2009, section 83.

other amounts, of a department, means amounts received by the department other than amounts received for the fund.



[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]