Victorian Current Acts

CIRCULAR ECONOMY (WASTE REDUCTION AND RECYCLING) ACT 2021 - SECT 37AB

    (1)     The following are to be credited to the Container Deposit Scheme account—

        (a)     payments made to the Minister or Head, Recycling Victoria under this Act in respect of the container deposit scheme;

        (b)     payments made to the Head, Recycling Victoria under the Scheme Coordinator agreement;

        (c)     all money appropriated by Parliament for the purposes of the Container Deposit Scheme account.

    (2)     Money in the Container Deposit Scheme account may be applied for the following purposes—

        (a)     any costs associated with the container deposit scheme;

        (b)     any amounts directed under subsection (3) to be paid into the Consolidated Fund.

    (3)     If the Treasurer is satisfied that there is in the Container Deposit Scheme account at any time an amount in excess of the amount required to meet the anticipated payments from the account, after consultation with the Minister, the Treasurer may direct the payment of the whole or any part of that excess amount out of the account into the Consolidated Fund.

S. 37AC inserted by No. 35/2023 s. 3.