Document ID: chunk:federal_register_of_legislation:C2025C00034:section:297
Version: federal_register_of_legislation:C2025C00034
Segment Type: section
Provision Reference: s 297
Character Range: 473234–476111

297  Payments out of the Account
  The following are purposes of the *Confiscated Assets Account:
 (a) making any payments by way of financial assistance to the States or *self‑governing Territories that the Minister considers are appropriate under the *equitable sharing program;
 (aa) making any payments to foreign countries that the Minister considers are appropriate under the equitable sharing program;
 (ab) making any payments by way of financial assistance to the States or self‑governing Territories in accordance with the *national cooperative scheme on unexplained wealth;
 (ac) making any payments to foreign countries in accordance with the national cooperative scheme on unexplained wealth;
 (b) making any payments under a program approved by the Minister under section 298;
 (ba) transferring amounts to the *Federation Reform Fund in accordance with section 298E for the purposes of making grants to the States and Territories under section 298A;
 (c) making any payments that the Minister administering the Mutual Assistance in Criminal Matters Act 1987 considers necessary to satisfy the Commonwealth's obligations in respect of:
 (i) a registered *foreign forfeiture order; or
 (ii) an order registered under section 45 of the International War Crimes Tribunals Act 1995; or
 (iii) a registered *foreign pecuniary penalty order;
 (d) making any payments to a State or to a self‑governing Territory that the Minister administering the Mutual Assistance in Criminal Matters Act 1987 considers necessary following a crediting to the Account under paragraph 296(1)(b) of money received from a foreign country;
 (e) paying the *Official Trustee amounts that were payable to the Official Trustee under regulations made for the purposes of paragraph 288(1)(a) or (b);
 (ea) paying the Official Trustee amounts that were payable to the Official Trustee under regulations made for the purposes of subsection 9B(1) of the Crimes Act 1914;
 (f) paying the annual management fee for the Official Trustee as specified in the regulations;
 (faa) making any payments in discharge of an *associated GST entity's liability to pay *GST in connection with a disposal under section 70 or 100;
 (fa) making any payments the Commonwealth is directed to make by an order under paragraph 55(2)(a), section 72, paragraph 73(2)(d), section 77 or 94A, subparagraph 102(d)(ii) or section 179L;
 (g) making any payments under an arrangement under paragraph 88(1)(b) or subsection 289(2);
 (ga) making any payments in relation to the conduct of an *examination, so long as the payments have been approved by the *responsible authority for the *principal order, or application for a principal order, in relation to which the examination was conducted;
 (h) making any payments to a *legal aid commission under Part 4‑2.

Division 2—The national cooperative scheme on unexplained wealth