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AUSTRALIAN CONSUMER LAW AND FAIR TRADING ACT 2012 (NO. 21 OF 2012) - SECT 136 Special purpose grants

AUSTRALIAN CONSUMER LAW AND FAIR TRADING ACT 2012 (NO. 21 OF 2012) - SECT 136

Special purpose grants

    (1)     The Minister may, on the recommendation of the Director, make payments out of the Fund for—

        (a)     the purposes of improving consumer wellbeing, consumer protection or fair trading; or

        (b)     any other purpose consistent with the objects of the Australian Consumer Law (Victoria).

    (2)     A payment under subsection (1) may be made to the Director or to any other person or organisation.

    (3)     A payment under subsection (1) may only be made from the following money—

        (a)     any pecuniary penalty paid into the Fund under section 134(2)(a) and the interest earned on that payment;

        (b)     money appropriated by the Parliament for the Fund and the interest earned on that money;

        (c)     any money paid into the Fund pursuant to a non-party order remaining on the final payment day that the order has specified may be applied for the purposes of this section.