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WESTERN AUSTRALIAN TOURISM COMMISSION ACT 1983 - SECT 26

WESTERN AUSTRALIAN TOURISM COMMISSION ACT 1983 - SECT 26

26 .         Booking Account

        (1)         The Commission shall establish and at all times maintain in accordance with this Act an account at a bank within the State approved by the Treasurer, to be called the “Western Australian Tourism Commission Booking Account”.

        (2)         The Commission shall credit to the Booking Account all moneys received or held on behalf of any person by the Commission in its capacity as a travel agent.

        (3)         The Commission shall pay moneys withdrawn from the Booking Account to the person or persons lawfully entitled or authorised to receive them.

        (4)         All moneys paid into the Booking Account shall be accounted for separately from the Commission Account.

        (5)         Any moneys standing to the credit of the Booking Account may be invested in any manner in which moneys standing to the credit of the Public Bank Account may be invested under the Financial Management Act 2006 and any revenue earned from that investment is to be placed to the credit of the Commission Account.

        [Section 26 amended: No. 68 of 1994 s. 24; No. 77 of 2006 Sch. 1 cl. 185(3).]