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ABORIGINAL AND TORRES STRAIT ISLANDER ACT 2005 - SECT 144U

Application of money of the TSRA

  (1)   Money of the TSRA must be applied only:

  (a)   in payment or discharge of the costs, expenses and other obligations incurred by the TSRA in the performance of its functions or the exercise of its powers under this Act or any other law; and

  (b)   in payment of any remuneration and allowances payable to any person under this Act or any other law; and

  (c)   in making any other payments which the TSRA is authorised or required to make under this Act or any other law.

  (2)   In this section:

"money of the TSRA" does not include:

  (a)   money held in trust by the TSRA; or

  (b)   money in the TSRA Housing Fund or the TSRA Land and Natural Resources Fund.


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