Western Australian Consolidated Acts (1) There is to be
established and kept as an agency special purpose account established under
the Financial Management Act 2006 section 16 an account to be
called the “Waste Avoidance and Resource Recovery Account”.
(2) The WARR Account
is to be administered by the Waste Authority.
(3A) The Minister is
to direct in each financial year that there is to be credited to the WARR
Account such amount of the levy credited to the Department’s operating
account under section 73(4) as is specified by the Minister.
(3B) The amount
specified under subsection (3A) must be as follows —
(a) in
the financial year ending 30 June 2010 — an amount not less than
the difference between 25% of the forecast levy amount for that financial year
and the amount of levy paid or payable for the period 1 July 2009 to 31
December 2009;
(b) in
any other financial year — not less than 25% of the forecast levy
amount for the financial year.
(3C) For the purposes
of subsection (3B) the forecast levy amount for a financial year
is —
(a) the
estimate of the levy amount for the financial year set out in the budget
papers for that financial year tabled in the Legislative Assembly; or
(b) if
another means of determining the forecast levy amount for the financial year
is prescribed — the forecast levy amount determined by those means.
(3) In addition to the
amount referred to in subsection (3A), the WARR Account is to be credited
with —
[(a), (b) deleted]
(c)
income derived from the investment of moneys forming part of the WARR Account;
and
(d) any
other moneys lawfully payable to the credit of the WARR Account.
[Section 79 amended by No. 48 of 2009 s. 7.]