(1) The following are purposes of the ^* Confiscated Assets Account in respect of ^* suspended funds:

(a)

making any payments to the States, to ^* self-governing Territories or to foreign countries that the Minister considers are appropriate under the ^* equitable sharing program;

(b)

making any payments under a program approved by the Minister under section 298;

(c)

making any payments that the Minister considers necessary to satisfy the Commonwealth's obligations in respect of:

(i)

a registered ^* foreign forfeiture order; or

(ii)

an order registered under section 45 of the International War Crimes Tribunals Act 1995 ; or

(iii)

a registered ^* foreign pecuniary penalty order;

(d)

making any payments to a State or to a self-governing Territory that the Attorney-General considers necessary following a crediting to the Account under paragraph 296(1)(b) of money received from a foreign country;

(e)

paying the ^* Official Trustee amounts that were payable to the Official Trustee under regulations made for the purposes of paragraph 288(1)(a) but that the Official Trustee has been unable to recover;

(f)

paying the annual management fee for the Official Trustee as specified in the regulations;

(g)

making any payments by way of restitution that are required under paragraph 73(2)(d) or 88(1)(b), subparagraph 102(1)(d)(ii) or subsection 289(2);

(h)

making any payments to a ^* legal aid commission under Part 4-2.

(2) Suspended funds are funds in the ^* Confiscated Assets Account that are:

(a)

identified as suspended funds in accordance with the regulations (other than money that is identified by the ^* Official Trustee under subsection 299(4) as ^* distributable funds); or

(b)

identified by the Official Trustee under subsection 299(2) as suspended funds.