(1) An agency special
purpose account called the Aboriginal Trading Account is established under
section 16 of the Financial Management Act 2006 .
(2) The Aboriginal
Trading Account consists of —
(a) the
proceeds of the disposal of or dealing with artifacts or other property
acquired by the CEO from persons of Aboriginal descent; and
(b)
moneys from time to time appropriated by Parliament for the purpose, or
advanced by the Treasurer in any case where the moneys otherwise standing to
the credit of the Account would be insufficient for the purposes of this Act;
and
(c) such
moneys as are at the date of the commencement of this Act, or may thereafter
be, under the control of the CEO and are credited to the Account.
(3) The amount of any
advance made to the Account by the Treasurer, to the extent to which such
advance is for the time being not repaid, is a charge on the Account.
(4) The Account shall
be controlled by the CEO and, subject to the approval of the Minister, may be
administered and dealt with in such manner as the Treasurer may authorise.
[Section 39 amended: No. 98 of 1985 s. 3; No. 49
of 1996 s. 64; No. 28 of 2006 s. 349; No. 77 of 2006 Sch. 1 cl. 1(2) and (3).]