Document ID: chunk:federal_register_of_legislation:C2007C00447:clause:1_77
Version: federal_register_of_legislation:C2007C00447
Segment Type: clause
Provision Reference: sch 1 cl 77
Character Range: 73684–74574

77  After subsection 34(1)
Insert:

 (1A) A Land Council must, at the time it submits estimates to the Minister under subsection (1), notify the Minister, in such form as the Minister directs, of:
 (a) the total amount of fees it expects to receive under section 33A during the period to which those estimates relate; and
 (b) the total amount of other income it expects to receive during the period to which those estimates relate in relation to performing functions or exercising powers under this Act.

Note: The Minister must have regard to these amounts in determining what amounts are to be debited from the Account under subsection 64(1).

 (1B) Paragraph (1A)(b) does not apply to:
 (a) a payment made to a Land Council as mentioned in subsection 35(2), (3), (4) or (4B); or
 (b) interest received by a Land Council as mentioned in subsection 35(11) in relation to such a payment.