(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 .]