ANTI-CORRUPTION COMMISSION ACT 1988 - SECT 35
This legislation has been repealed.
ANTI-CORRUPTION COMMISSION ACT 1988 - SECT 35
35 . Funds of Commission
(1) The funds
available for the purpose of enabling the Commission to perform its functions
consist of —
(a)
moneys from time to time appropriated by Parliament and paid to the
Commission;
(b)
interest credited to the Fund under subsection (4); and
(c) any
moneys, other than moneys referred to in paragraphs (a) and (b), lawfully
received by, made available to or payable to the Commission.
(2) The funds referred
to in subsection (1) shall be credited to an account at the Treasury to be
called the “Anti-Corruption Commission Fund”, which account shall
form part of the Trust Fund referred to in section 9 of the
Financial Administration and Audit Act 1985 .
(3) The funds recorded
as standing to the credit of the Fund shall be applied to —
(a) the
remuneration and allowances payable to members and officers of the Commission;
(b)
moneys payable under an arrangement referred to in section 7 or an agreement
referred to in section 8, 9 or 10;
(c)
expenditure incurred by the Commission in the performance of its functions;
and
(d) all
expenditure, other than expenditure referred to in paragraphs (a), (b) and
(c), lawfully incurred by the Commission for the purposes of, or in meeting
the costs and expenses of the administration of, this Act.
(4) All funds recorded
as standing to the credit of the Fund may, until required by the Commission
for the purposes of this Act, be temporarily invested as the Treasurer directs
in any securities in which funds standing to the credit of the Public Bank
Account within the meaning of the Financial Administration and Audit Act 1985
may lawfully be invested and the Treasurer shall cause all interest derived
from that investment to be credited to the Fund.
[Section 35 4 inserted as section 7I by No. 14 of
1994 s. 9; amended by No. 29 of 1996 s. 19(1) 10 and 25; No. 49 of 1996 s.
64.]