New South Wales Consolidated Acts
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PROTECTION OF THE ENVIRONMENT OPERATIONS ACT 1997 - SECT 295ZA
Environmental Monitoring Fund
295ZA Environmental Monitoring Fund
(1) There is to be established in the Special Deposits Account an account
called the Environmental Monitoring Fund (the
"Fund" ).
(2) Money in the Fund is under the control of the EPA and can be
expended by the EPA only for the purposes authorised by this section.
(3) The
following are to be paid into the Fund-- (a) any environmental monitoring levy
paid by a licence holder,
(b) money advanced by the Treasurer for payment
into the Fund,
(c) the proceeds of investment of money in the Fund,
(d) any
gift or bequest of money for the purposes of the Fund,
(e) any other money
appropriated by Parliament for the purposes of the Fund or required by law to
be paid into the Fund.
(4) The following are to be paid out of the Fund-- (a)
the costs of environmental monitoring programs,
(b) such other costs relating
to environmental monitoring programs as the EPA directs to be paid out of the
Fund,
(c) the refund, in accordance with the regulations, of an
environmental monitoring levy paid by a licence holder.
(5) A separate
account is to be established in the Fund for each
environmental monitoring program.
(6) The EPA may invest money in the Fund--
(a) if the EPA is a GSF agency for the purposes of Part 6 of the
Government Sector Finance Act 2018 --in any way that the EPA is permitted to
invest money under that Part, or
(b) if the EPA is not a GSF agency for the
purposes of Part 6 of the Government Sector Finance Act 2018 --in any way
approved by the Treasurer.
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