Western Australian Consolidated Acts

PORT AUTHORITIES ACT 1999 - SECT 79

79 .         Bank account

        (1)         In this section —

        account means an account at a bank as defined by section 3 of the Financial Management Act 2006 ;

        Public Bank Account has the meaning given by section 3 of the Financial Management Act 2006 .

        (2)         A port authority is to maintain one or more accounts.

        (3)         An account maintained by a port authority may form part of the Public Bank Account.

        (3a)         Without limiting section 90 —

            (a)         sections 12 and 35 of the Financial Management Act 2006 do not apply to an account maintained by a port authority that forms part of the Public Bank Account; and

            (b)         section 37(1) of that Act does not apply to money standing to the credit of an account referred to in paragraph (a).

        (4)         Money received by and expenditure of a port authority is to be credited to or paid from an account.

        [Section 79 amended by No. 77 of 2006 s. 17.]