Western Australian Consolidated Acts Western Australian Consolidated Acts (1) An account called
the “Taxi Industry Development Account” is to be established
as an agency special purpose account under the Financial Management
Act 2006 section 16.
(2) There shall be
placed to the credit of the Taxi Industry Development
Account —
[(a), (b) deleted]
(c) all
moneys received from the sale, lease or issue of taxi plates under this Act;
(d) the
moneys (if any) appropriated by Parliament to the account; and
[(e) deleted]
(f)
income derived from moneys standing to the credit of the account and any other
moneys lawfully received by, made available to, or payable to, the account.
[(3) deleted]
(4) With the approval,
and at the direction of the Minister, grants may be made from moneys standing
to the credit of the Taxi Industry Development Account for the purpose of
funding, or partly funding, promotional, research and development projects
intended and designed to benefit the taxi industry.
(5) There shall be
paid from the moneys from time to time standing to the credit of the Taxi
Industry Development Account —
(a) the
remuneration and allowances payable to members of the Board;
(b) the
funds referred to in section 13;
(c)
grants made under subsection (4);
(d) the
amounts payable for any taxi plates surrendered to the Minister under
section 43;
(e)
repayments of, and interest payable on, any moneys borrowed under the former
section 44; and
(f) all
expenditure, other than expenditure referred to in paragraphs (a), (b),
(c), (d) and (e), lawfully incurred for the purposes of, or in meeting the
costs and expenses of the administration of, this Act.
[Section 41 amended by No. 49 of 1996
s. 64; No. 44 of 1998 s. 5; No. 7 of 2002 s. 32(1) to (6) and
35; No. 72 of 2003 s. 17; No. 77 of 2006 s. 17; No. 26 of 2007
s. 12.]
[ 42. Deleted by No. 7 of 2002 s. 33.]