Document ID: chunk:federal_register_of_legislation:C2016C00441:section:28
Version: federal_register_of_legislation:C2016C00441
Segment Type: section
Provision Reference: s 28
Character Range: 30870–32148

28  Slot Manager to apply money for purposes of functions under this Act
 (1) The *Slot Manager is to apply the money paid to it under section 27 for the purposes of, or for purposes related to, the performance of the functions of the Slot Manager under this Act.
 (2) If the *Slot Manager applies money to which subsection (1) applies otherwise than as required by that subsection, the amount so applied is a debt due by the Slot Manager to the Commonwealth, and is recoverable by action in a court of competent jurisdiction.
 (3) The *Slot Manager must, within 6 months of the end of each financial year, prepare accounts showing how it has applied money referred to in subsection (1) that was paid to the Slot Manager during the year.
 (4) The regulations may:
 (a) impose requirements relating to how the accounts referred to in subsection (3) are to be prepared; and
 (b) impose requirements for the audit of those accounts; and
 (c) deal with how this section applies to money referred to in subsection (1) if the *Slot Manager also receives other money; and
 (d) deal with the obligations of a body corporate that has ceased to be the Slot Manager in relation to money referred to in subsection (1) that it received while it was the Slot Manager.

Division 5—Exemptions