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AGRICULTURAL AND VETERINARY CHEMICALS (ADMINISTRATION) ACT 1992 - SECT 59

Application of money by the APVMA

  (1)   The money of the APVMA is to be applied only:

  (a)   in payment or discharge of the costs, expenses and other obligations incurred by the APVMA in the performance of its functions and the exercise of its powers; and

  (b)   in payment of any remuneration or allowances payable under this Act; and

  (c)   in making any other payments that the APVMA is authorised or required to make by or under any law of the Commonwealth, a State or a Territory that confers functions or powers on the APVMA.

  (2)   Subsection   (1) does not prevent investment, under section   59 of the Public Governance, Performance and Accountability Act 2013 , of money that is not immediately required for the purposes of the APVMA.


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