Victorian Current Acts

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CONSERVATION, FORESTS AND LANDS ACT 1987 - SECT 22

Conservation, Forests and Lands Stores Suspense Account

    (1)     There is established and kept in the Treasury an account called the "Conservation, Forests and Lands Stores Suspense Account" (in this section called the account ).

    (2)     Any amount specified for the purpose in any Act must be paid into the account for the purchase of stores, fuel, materials, fittings, equipment and the procurement and hire of plant for works under a relevant law.

    (3)     The money in the account must be applied—

        (a)     for the purchase of stores, fuel, materials, fittings, equipment and the procurement, hire, operation, maintenance and repair of plant pending the allocation of such stores, fuel, materials, fittings, equipment and plant to the various works in which they are used; and

S. 22(3)(b) amended by No. 76/1998 s. 3(1)(j).

        (b)     to defray the cost of manufacturing articles for stock for use on works of the Secretary.

    (4)     The value or amount of—

        (a)     stores, fuel, materials, fittings, equipment, plant and hire charges made for the use of such plant; and

        (b)     manufactured articles of stock—

must be charged to the respective appropriations or funds (made or established under any Act) for the various works in which they are used, and must be credited to the account.



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