(1) An agency special
purpose account called the Contaminated Sites Management Account (the Account
) is established under section 16 of the Financial Management Act 2006 to
which the funds referred to in subsection (2) are to be credited.
(2) The funds
available for the purposes set out in subsection (3) are —
(a)
moneys from time to time appropriated by Parliament for that purpose;
(b) at
the discretion of the Treasurer —
(i)
money received by the State from the sale of land that
comprised all, or part, of an orphan site taken in accordance with
section 32(4); and
(ii)
fees collected under section 21(1) or 62(3)(f) or under
the regulations;
(c)
moneys received or recovered by the State under section 55 or 56;
(d)
moneys received by the State as a result of a charge under section 30(3)(b),
31(3)(b), or 32(2); and
(e)
other moneys lawfully received by, or made available or payable to, the
Account or to the CEO for the purpose of —
(i)
the Account; or
(ii)
investigation or remediation carried out by the State
under this Act.
(3) The Account may be
applied by the Minister for all or any of the following purposes —
(a) the
investigation or remediation of any site for the remediation of which the
State, or a public authority (other than a local government), is responsible;
(b)
taking any action under section 53.
(4) The Account is to
be administered by the Minister.
(5) The provisions of
the Financial Management Act 2006 and the Auditor General Act 2006 regulating
the financial administration, audit and reporting of departments apply to and
in relation to the Account.
(6) For the purposes
of section 52 of the Financial Management Act 2006 , the administration of
the Account is to be regarded as a service of the Department.
[Section 60 amended: No. 77 of 2006 s. 17.]