WATER ACT 2000 - SECT 1211
Transfer of funds into Groundwater Impact Assessment Fund
WATER ACT 2000 - SECT 1211
Transfer of funds into Groundwater Impact Assessment Fund
1211 Transfer of funds into Groundwater Impact Assessment Fund
(1) On the commencement, the following amounts held by the former commission
immediately before the commencement must be paid into the Groundwater Impact
Assessment Fund—
(a) the balance of all levy amounts paid by petroleum
tenure holders under previous section 360FA;
(b) the balance of any interest
accrued on amounts mentioned in paragraph (a).
(2) An amount transferred into
the Groundwater Impact Assessment Fund under subsection (1) may be used only
for a purpose stated in chapter 3A, part 2.
