Commonwealth Numbered Acts

NATIONAL PORTRAIT GALLERY OF AUSTRALIA ACT 2012 (NO. 148, 2012) - SECT 46

             (1)  The money of the Gallery is to be applied only:

                     (a)  in payment or discharge of the costs, expenses and other obligations incurred or undertaken by the Gallery in the performance of its functions and the exercise of its powers; and

                     (b)  in payment of any remuneration or allowances payable under this Act.

             (2)  Subsection (1) does not prevent investment of surplus money of the Gallery under section 18 of the Commonwealth Authorities and Companies Act 1997 .