Commonwealth Consolidated Acts

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GENE TECHNOLOGY ACT 2000 - SECT 130

Credits to Account

  (1)   There must be credited to the Account the following:

  (b)   amounts equal to money from time to time received by the Commonwealth under the Gene Technology (Licence Charges) Act 2000 ;

  (c)   amounts equal to fees received by the Commonwealth under subsections   40(6) and 83(3);

  (d)   amounts equal to amounts received by the Commonwealth in connection with the performance of the Regulator's functions under this Act, the regulations or a corresponding State law;

  (e)   amounts equal to interest received by the Commonwealth from the investment of amounts standing to the credit of the Account ;

  (f)   amounts equal to money received by the Commonwealth in relation to property paid for with amounts standing to the credit of the Account ;

  (g)   amounts equal to amounts recovered by the Commonwealth under subsection   146(5) or 158(4), to the extent that they are referable to amounts debited from the Account ;

  (h)   amounts equal to 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.

  (2)   The purposes of the Account are to make payments:

  (a)   to further the object of this Act (as set out in section   3); and

  (b)   otherwise in connection with the performance of the Regulator's functions under this Act, the regulations or a corresponding State law.


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