Western Australian Consolidated Acts

VOCATIONAL EDUCATION AND TRAINING ACT 1996 - SECT 50

50 .         College accounts

        (1)         An account called the (name of college) Account is to be established for each college —

            (a)         as an agency special purpose account under the Financial Management Act 2006 section 16; or

            (b)         with the approval of the Treasurer, at a bank as defined in section 3 of that Act.

        (2)         Any funds of a college referred to in section 48 must be credited to the college’s account.

        (3)         Any funds of a college applied under section 49 must be debited to the college’s account.

        [Section 50 inserted by No. 44 of 2008 s. 31.]