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ENVIRONMENT PROTECTION AND BIODIVERSITY CONSERVATION ACT 1999 - SECT 514T

Application of money

  (1)   The money of the Australian National Parks Fund may be applied only:

  (a)   in payment or discharge of the costs, expenses and other obligations incurred by the Director in the performance of the Director's functions; and

  (b)   in payment of any remuneration, allowances and compensation payable under this Division   or Division   4 of Part   15.

  (2)   Subsection   (1) does not prevent investment, under section   59 of the Public Governance, Performance and Accountability Act 2013 , of money that is not immediately required for the purposes of the Fund.


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