Western Australian Current Acts

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DAMPIER TO BUNBURY PIPELINE ACT 1997 - SECT 45

45 .         DBNGP Corridor Trust Account

        (1)         An agency special purpose account called the DBNGP Corridor Trust Account is established under section 16 of the Financial Management Act 2006 .

        (2)         There is to be credited to the DBNGP Corridor Trust Account —

            (a)         any amount that a direction in accordance with section 8 specifies is to be credited to the account;

            (b)         the amount of any fees or charges paid as required under section 39(1);

            (c)         the amount of any civil penalty paid to the DBNGP Land Access Minister under section 38; and

            (d)         any other money appropriated to the account by Parliament.

        (3)         The reference in subsection (2)(d) to money appropriated by Parliament includes a reference to money paid or advanced under the authority of section 24 or 28 of the Financial Management Act 2006 or under the authority of a Treasurer’s Advance Authorisation Act.

        (4)         The Treasurer may from time to time determine an amount of money that is to be transferred from the DBNGP Corridor Trust Account to the Consolidated Account.

        (5)         There is to be charged to the DBNGP Corridor Trust Account —

            (a)         the amount of any payment of compensation to which a person is entitled under section 42;

            (b)         the cost of taking or otherwise acquiring any land or right, title, or interest in land for the DBNGP corridor;

            (c)         any other cost of administering this Part and Schedule 2; and

            (d)         any amount that the Treasurer determines under subsection (4) is to be transferred from the account to the Consolidated Account.

        (6)         The administration of the DBNGP Corridor Trust Account is, for the purposes of section 52 of the Financial Management Act 2006 , to be regarded as a service of the department of the Public Service principally assisting the DBNGP Land Access Minister in the performance of functions under this Part and Schedule 2.

        [Section 45 amended: No. 77 of 2006 s. 4 and Sch. 1 cl. 43(2)-(4).]

[Part 5 (s. 46-50) deleted: No. 65 of 1998 Sch. 3 cl. 7 4 .]



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