Document ID: chunk:federal_register_of_legislation:C2022C00075:section:68
Version: federal_register_of_legislation:C2022C00075
Segment Type: section
Provision Reference: s 68
Character Range: 71048–71770

68  Application of money
 (1) The money of the Corporation shall be applied only:
 (a) in payment or discharge of the expenses, charges, obligations or liabilities incurred or undertaken by the Corporation in or in connection with the performance of its functions or the exercise of its powers;
 (b) in payment of any remuneration or allowances payable under this Act (other than Part IIIA); and
 (c) in making any other payments that are required by this Act to be made out of the moneys of the Corporation.
 (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 Corporation.