Document ID: chunk:federal_register_of_legislation:C2016C00201:clause:5_52
Version: federal_register_of_legislation:C2016C00201
Segment Type: clause
Provision Reference: sch 5 cl 52
Character Range: 32016–33140

52  Subsections 65C(2) and (3)
Repeal the subsections, substitute:

Notional payments and receipts by non‑corporate Commonwealth entities
 (2) If:
 (a) either:
 (i) a non‑corporate Commonwealth entity makes a notional payment to another non‑corporate Commonwealth entity; or
 (ii) one part of a non‑corporate Commonwealth entity makes a notional payment to another part of that entity; and
 (b) the transaction would involve the debiting of an appropriation if the notional payment were a real payment;
then:
 (c) this section applies in relation to the notional payment as if it were a real payment; and
 (d) this section applies in relation to the notional receipt of the notional payment as if it were a real receipt.
Note: This subsection applies to transactions that do not actually involve payments or receipts, because the parties to the transaction (non‑corporate Commonwealth entities) are merely parts of the Commonwealth.
 (3) In subsection (2):
non‑corporate Commonwealth entity has the same meaning as in the Public Governance, Performance and Accountability Act 2013.

Renewable Energy (Electricity) Act 2000