Victorian Consolidated Legislation

Livestock Disease Control Act 1994 - SECT 72

Payments out of the Fund

72. Payments out of the Fund



(1) The Cattle Compensation Fund is to be applied-

   (a)  to the payment, in accordance with this Division, of claims for
        compensation;

   (b)  to the payment, in accordance with this Division, of costs incurred in
        connection with the transporting and destroying of any cattle if the
        carcase of the cattle is condemned as unfit for human consumption or
        if the cattle are ordered to be destroyed but die before being
        destroyed.

(2) The Minister may make payments-





   (a)  from the capital of the Fund for administering the provisions of this
        Act relating to cattle or of any other Act administered by the
        Minister that requires the identification of cattle;

   (b)  from interest earned on money from the Fund for programs and projects
        for the benefit of the cattle industry in Victoria.

(3) The Minister must not make a payment under subsection (2) unless the
Minister has considered any relevant recommendations from the Cattle
Compensation Advisory Committee.

(4) If the Fund is insufficient to pay any amount of compensation payable out
of the Fund and the Treasurer certifies that the amount is required for the
payment of compensation under this section, the amount is to be paid out of
the Consolidated Fund, which is to the necessary extent, appropriated
accordingly.