Australian Capital Territory Numbered Acts

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APPROPRIATION (ACT FORESTS TRUST (NO. 69 OF 1993) - SECT 4

Transitional

4. (1) On the making of the payment referred to in paragraph 3 (a), all liabilities of the Australian Capital Territory Forestry Trust Account shall, for the purposes of subsection 85 (4) of the Audit Act 1989, be taken to have been met.

(2) Where, immediately before the making of the payment referred to in paragraph 3 (a), an amount was payable to the Territory for the credit of the Australian Capital Territory Forestry Trust Account but had not been paid into that account, that amount is payable into the Consolidated Revenue Fund and, such amount is then, by force of this subsection, appropriated from the Consolidated Revenue Fund for the purposes of the ACT Forests Trust Account.

[Presentation speech made in Assembly on 19 August 1993]

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