Australian Capital Territory Current Acts

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ACT CIVIL AND ADMINISTRATIVE TRIBUNAL ACT 2008 - SECT 115B

ACAT trust account

    (1)     The following amounts are held on trust by the Territory:

        (a)     amounts paid to the Territory under this Act;

        (b)     amounts that may or must be paid into the ACAT trust account under an authorising law;

        (c)     interest on the amounts.

Note     The Financial Management Act 1996

, pt 7 sets out how trust amounts are to be held and administered.

    (2)     The director-general must open and maintain a trust account (the  ACAT trust account ) for the trust amounts.

    (3)     The director-general must keep a record of the trust amounts paid into the ACAT trust account under this Act and each authorising law.

    (4)     In this section:

"interest"—see the Financial Management Act 1996

, dictionary.



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