WESTERN AUSTRALIAN TOURISM COMMISSION ACT 1983 - SECT 24

WESTERN AUSTRALIAN TOURISM COMMISSION ACT 1983 - SECT 24

24 .         Funds and Commission Account

        (1)         The funds available for the purpose of enabling the Commission to carry out its objects and perform its functions under this Act consist of —

            (a)         moneys from time to time appropriated by Parliament for the purposes of this Act;

            (b)         all moneys received by the Commission for services provided under the authority of this Act;

            (c)         all moneys received by the Commission for the purposes of this Act;

            (d)         any moneys received by the Commission in repayment of any loan or part thereof authorised to be made under section 14 and interest thereon;

            (e)         any other moneys received by the Commission, except moneys received and held on behalf of any person in its capacity as a travel agent.

        (2)         The funds referred to in subsection (1) shall be paid into, and be placed to the credit of, an account at a bank within the State approved by the Treasurer, to be called the “Western Australian Tourism Commission Account”.

        (3)         The Commission is authorised to pay moneys out of the Commission Account —

            (a)         in payment of all costs and expenses incurred by the Commission for the purpose of giving effect to this Act;

            (b)         in the repayment of moneys borrowed by the Commission or the Department and interest thereon;

            (c)         in the repayment of money to be credited to the Consolidated Account; or

            (d)         in any other way authorised by this Act.

        (4)         Moneys standing to the credit of the Commission Account shall be applied by the Commission only for the purposes of this Act.

        [Section 24 amended: No. 98 of 1985 s. 3; No. 6 of 1993 s. 11 and 14(7); No. 49 of 1996 s. 64; No. 77 of 2006 s. 4.]