FINANCIAL MANAGEMENT ACT 2006 - SECT 18

FINANCIAL MANAGEMENT ACT 2006 - SECT 18

18 .         Payments to and from accounts

        (1)         There is to be credited to a special purpose account —

            (a)         any money required or authorised by this Act or another written law to be credited to the account; and

            (b)         any money appropriated by an Act for the purposes for which the account is established, or paid or advanced for those purposes under section 24 or 28 or a Treasurer’s Advance Authorisation Act; and

            (c)         any money that may be retained by the agency that operates the account because of a determination under section 23; and

            (d)         any money, not mentioned in another paragraph of this subsection, lawfully received for the purposes for which the account is established.

        (2)         There is to be charged to a special purpose account —

            (a)         any expenditure required or authorised by this Act or another written law to be charged to the account; and

            (b)         any other expenditure lawfully incurred for the purposes for which the account is established.