This legislation has been repealed.
116—Appropriation of levies, penalties and interest
(1) Money paid to the
Minister in satisfaction of a liability for a levy under this Part, after any
appropriate deductions authorised by or under this Act, and penalty or
interest, must—
(a)
—
(i)
in the case of a levy collected under Division 1
—be paid to the regional NRM board for the region in respect of which
the levy is declared;
(ii)
in the case of a levy under Division 2
—
(A) in the case of money attributable to a
water levy—be paid to the regional NRM board for the region where the
water resource in relation to which the levy was declared is located; and
(B) in the case of a
special purpose water levy—be applied for the purpose for which the levy
was raised;
(b) in
the case of a penalty under section 115
—be paid into the NRM Fund;
(c) in
any other case—be paid in accordance with the regulations.
(2) The Treasurer may
authorise deductions that will have effect under subsection (1)
.
(3) Money paid to the
Minister will be deposited in the NRM Fund.