Document ID: chunk:federal_register_of_legislation:C2016C00418:clause:5_174
Version: federal_register_of_legislation:C2016C00418
Segment Type: clause
Provision Reference: sch 5 cl 174
Character Range: 121308–122416

174  Amounts payable by the Commonwealth
 (1) The Commonwealth must pay to the Authority, for the purposes of the Murray‑Darling Basin Special Account, an amount equal to any amount paid by the Authority in discharging any liability of the Authority arising:
 (a) from an act or omission in the bona fide execution of the powers vested in the Authority by or under the Agreement; or
 (b) because of the operation of section 239F, 239J or 239K (about transitional matters relating to the Murray‑Darling Basin Commission).
 (2) For the purposes of the Agreement, treat a payment by the Commonwealth under subsection (1) as a payment made in respect of losses or costs incurred by the Commonwealth arising:
 (a) if the payment relates to a liability of the Authority arising as described in paragraph (1)(a)—as described in paragraph (1)(a); or
 (b) if the payment relates to a liability of the Authority arising as described in paragraph (1)(b)—as described in paragraph (1)(b).
 (3) Amounts payable under subsection (1) are to be paid out of the Consolidated Revenue Fund, which is appropriated accordingly.