Document ID: chunk:federal_register_of_legislation:C2024C00426:section:59
Version: federal_register_of_legislation:C2024C00426
Segment Type: section
Provision Reference: s 59
Character Range: 57853–58624

59  Application of money by the APVMA
 (1) The money of the APVMA is to be applied only:
 (a) in payment or discharge of the costs, expenses and other obligations incurred by the APVMA in the performance of its functions and the exercise of its powers; and
 (b) in payment of any remuneration or allowances payable under this Act; and
 (c) in making any other payments that the APVMA is authorised or required to make by or under any law of the Commonwealth, a State or a Territory that confers functions or powers on the APVMA.
 (2) Subsection (1) does not prevent investment, under section 59 of the Public Governance, Performance and Accountability Act 2013, of money that is not immediately required for the purposes of the APVMA.

Division 2—Reporting requirements