Victorian Numbered Acts Victorian Numbered Acts(1) The general fund established under section 66 of the Transport Act 1983 (as in force immediately before the commencement of this section) is continued under this section.
(2) The Roads Corporation must maintain the general fund.
(3) The Roads Corporation, with the approval of the Minister administering Part 7 of the Financial Management Act 1994 , must—
(a) open and maintain accounts with any authorised deposit-taking institution or institutions within the meaning of the Banking Act 1959 of the Commonwealth;
(b) maintain at least one of those accounts to be used for the purposes of its general fund.
(4) Subject to subsection (5), the Roads Corporation must pay into its general fund all trading revenue, interest and other money received by or paid to the Roads Corporation.
(5) Subject to subsection (6), the Roads Corporation must pay into the Works and Services Account—
(a) all money borrowed by the Roads Corporation under this Act;
(b) all money resulting from the disposal by the Roads Corporation of any real or personal property, whether or not under an arrangement by which the Roads Corporation is to enter into a lease of the property so disposed of;
(c) the proceeds of any advances or financial accommodation obtained by the Roads Corporation under section 108.
(6) Subsection (5) does not apply if—
(a) the money or proceeds are to be used for the operating or trading activity of the Roads Corporation; or
(b) the Minister administering Part 7 of the Financial Management Act 1994 otherwise approves.
(7) All payments made by the Roads Corporation must be made out of its general fund.
(8) The Roads Corporation may invest money in its general fund in any manner approved by the Minister administering Part 7 of the Financial Management Act 1994 .