Victorian Consolidated Legislation

Conservation, Forests and Lands Act 1987 - SECT 22

Conservation, Forests and Lands Stores Suspense Account

22. Conservation, Forests and Lands Stores Suspense Account



(1) There is established and kept in the Treasury an account called the
"Conservation, Forests and Lands Stores Suspense Account" (in this section
called the account).

(2) Any amount specified for the purpose in any Act must be paid into the
account for the purchase of stores, fuel, materials, fittings, equipment and
the procurement and hire of plant for works under a relevant law.

(3) The money in the account must be applied-

   (a)  for the purchase of stores, fuel, materials, fittings, equipment and
        the procurement, hire, operation, maintenance and repair of plant
        pending the allocation of such stores, fuel, materials, fittings,
        equipment and plant to the various works in which they are used; and

   (b)  to defray the cost of manufacturing articles for stock for use on
        works of the Secretary.



(4) The value or amount of-

   (a)  stores, fuel, materials, fittings, equipment, plant and hire charges
        made for the use of such plant; and

   (b)  manufactured articles of stock-

must be charged to the respective appropriations or funds (made or established
under any Act) for the various works in which they are used, and must be
credited to the account.