Document ID: chunk:federal_register_of_legislation:C2013C00589:clause:1_5
Version: federal_register_of_legislation:C2013C00589
Segment Type: clause
Provision Reference: sch 1 cl 5
Character Range: 57765–58900

5  Forestry Account
 (1) There is continued in existence the Forestry Account.
Note: The Account was established by subsection 5(3) of the Financial Management Legislation Amendment Act 1999.
 (2) The Account is a Special Account for the purposes of the Financial Management and Accountability Act 1997.
 (3) There must be credited to the Account:
 (a) amounts equal to donations for the furtherance of forestry that are received by the Director‑General or are otherwise received by or on behalf of the Commonwealth; and
 (b) amounts to be credited to the Account under any law.
Note: An Appropriation Act provides for amounts to be credited to a Special Account if any of the purposes of the Account is a purpose that is covered by an item in the Appropriation Act.
 (4) An amount standing to the credit of the Account may be applied, in a manner approved by the Minister, for the furtherance of forestry.
 (5) If interest is received by the Commonwealth from the investment of an amount standing to the credit of the Account, an amount equal to the interest must be credited to the Account.

Great Barrier Reef Marine Park Act 1975