Tasmanian Consolidated Acts Tasmanian Consolidated Acts
(1) In this section,
"special local account" means an account established under subsection (3).
(2) Except as otherwise expressly provided by this Act, all moneys received by, or on behalf of, the Minister, the Minister for Crown Lands or the Director under this Act are to be paid into the Consolidated Fund, and the expenses incurred in the administration of this Act are to be defrayed out of moneys provided by Parliament for the purpose.
(3) In accordance with Part III of the Public Account Act 1986, special deposit accounts and trust accounts may be established with respect to specified reserved lands of which the Director is the managing authority pursuant to section 29(1).
(4) Except as the Treasurer otherwise directs, there is to be paid into a special local account established in respect of any reserved lands –
(a) all moneys received by, or on behalf of, the Director in the exercise of his or her functions as managing authority for those lands; and
(b) all moneys received by way of rent, or otherwise, in respect of leases or licences granted under section 48 in respect of those lands.
(5) Except as the Treasurer otherwise directs, the moneys for the time being standing to the credit of a special local account established in respect of any reserved lands are to be applied, as the Director determines, in meeting expenses incurred in the exercise of his or her functions as managing authority for those lands.