Document ID: chunk:federal_register_of_legislation:C1906A00008:body:0:p4
Version: federal_register_of_legislation:C1906A00008
Segment Type: other
Provision Reference: 
Character Range: 7432–10482

following moneys may be paid to the credit of the Trust Account to which they relate:—
         (a) All moneys appropriated by law for the purposes of any Trust Account:
         (b) All moneys received from the sale to any person or Commonwealth Department of any articles purchased or produced, or for work paid for, with moneys standing to the credit of a Trust Account:
         (c) All moneys paid by any person for the purpose of any Trust Account: and
         (d) Pay due to a member of the Militia Forces and unclaimed in the hands of an Accounting Officer for three months.

Expenditure of money in Trust Account.
"(6.) Moneys standing to the credit of a Trust Account may be expended for the purposes of the account."

Investment of moneys standing to credit of Trust Fund.
"62b.—(1.) Moneys standing to the credit of the Trust Fund may be invested by the Treasurer—
         (a) in any securities of, or guaranteed by, the Government of the Commonwealth or of any State; or
         (b) on deposit in any bank.

"(2.) The Treasurer and his successors in office shall, for the purposes of the investment of any moneys in pursuance of this section, be deemed to be a corporation by the name of 'The Treasurer of the Commonwealth,' and any securities or deposits taken or made in pursuance of this section may be taken or made by him in his corporate name.

Disposal of interest.
"(3.) Except where otherwise provided in any Act any interest received from the investment of any moneys standing to the credit, of the Trust Fund shall be paid to the Consolidated Revenue Fund."

Amendment of section seventy-one.
14. Section seventy-one of the Principal Act is amended by adding thereto, after paragraph (c), the following paragraphs:—
         "(d) requiring officers, holding positions which in the opinion of the Treasurer ought to be guaranteed, to contribute to the Guarantee Fund;"
         "(e) Providing for the control and management of the Guarantee Fund."

New Schedule.
15. After the Third Schedule to the Principal Act the following Schedule is inserted:—
FOURTH SCHEDULE.

Section 62a. Trust Accounts.
Name of Account.                                              Purposes.

   The Commonwealth Ammunition Material Account                  Purchase of ammunition material.
   The Small Arms Ammunition Account                             Purchase of small arms ammunition.
   The Defence Clothing Material Account                         Purchase of material for Defence uniforms.
   The Small Arms Account.........                               Purchase of small arms and parts.
   The Unclaimed Militia Pay Account                             Payment of unclaimed pay to members of the Militia Forces.
   The Customs Officers' Overtime Account                        Payment to the Consolidated Revenue Fund or to officers of the Department of Trade and Customs out of moneys received from the public for the services of officers.
   The Government Printer Account                                Payment for labour employed and