Western Australian Current Acts

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WESTERN AUSTRALIAN COASTAL SHIPPING COMMISSION ACT 1965 - SECT 25

25 .         Funds of Commission

        (1)         The funds available to the Commission for the purpose of enabling it to exercise its powers and functions under this Act are —

            (a)         moneys appropriated from time to time by Parliament; and

            (b)         all other moneys received by the Commission; and

            (c)         moneys borrowed by the Commission under this Act.

        (2)         An account called The Western Australian Coastal Shipping Account is to be established —

            (a)         as an agency special purpose account under section 16 of the Financial Management Act 2006 ; or

            (b)         with the approval of the Treasurer, at a bank as defined in section 3 of that Act,

                to which the funds referred to in subsection (1) are to be credited.

        (3)         The Commission shall, out of the moneys standing to the credit of that account —

            (a)         defray the costs, charges and expenses incurred by the Commission in the exercise of its powers and functions under this Act;

            (b)         pay the remuneration, travelling and other allowances of the Commissioners and the salaries, wages and allowances of the General Manager and the officers and employees of the Commission.

        [Section 25 amended: No. 49 of 1996 s. 63; No. 28 of 2006 s. 383; No. 77 of 2006 Sch. 1 cl. 180(2).]



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