GREAT BARRIER REEF MARINE PARK ACT 1975 - SECT 50 Credits to the Account

GREAT BARRIER REEF MARINE PARK ACT 1975 - SECT 50

    There must be credited to the Account amounts equal to the following:

  (a)   amounts that, under an agreement referred to in paragraph   7(1)(cc), are paid by Queensland to the Authority for the purpose of the management, protection or maintenance of the Great Barrier Reef World Heritage Area;

  (b)   amounts that, under such an agreement, the Commonwealth agrees to allocate for that purpose;

  (c)   amounts received by the Authority in relation to property paid for with amounts debited from the Account;

  (d)   amounts of any gifts given or bequests made for the purposes of the Account.

Note:   An Appropriation Act provides for amounts to be credited to a special account if any of the purposes of the special account is a purpose that is covered by an item in the Appropriation Act.

  In particular, this mechanism could be used to credit amounts to the Great Barrier Reef Field Management Special Account for the purposes of paragraph   (b).