Document ID: chunk:federal_register_of_legislation:C2024C00397:section:79
Version: federal_register_of_legislation:C2024C00397
Segment Type: section
Provision Reference: s 79
Character Range: 66252–66948

79  Application of money by Creative Australia
 (1) The money of Creative Australia is to be applied only:
 (a) in payment or discharge of the costs, expenses and other obligations incurred or undertaken by Creative Australia 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.
Note: See subsection 12(3) for the obligations of Creative Australia in relation to money or other property held on trust or accepted subject to a condition.
 (2) Subsection (1) does not prevent investment, under section 59 of the PGPA Act, of money that is not immediately required for the purposes of Creative Australia.