Document ID: chunk:federal_register_of_legislation:F2021C00559:reg:8:p1
Version: federal_register_of_legislation:F2021C00559
Segment Type: reg
Provision Reference: reg 8 (pt 1/3)
Character Range: 5609–8539

8                    Purposes for which amounts are allowed to be debited
    For paragraph 78(1)(c) of the PGPA Act, the purposes for which amounts are allowed to be debited from the special account are:
       (a) to pay amounts to a client, to the extent amounts are held on behalf of that client;
       (b) to pay amounts to a client, to the extent that the amounts represent interest earned on amounts held on behalf of that client;
       (c) to pay amounts in accordance with instructions from a client, to the extent amounts are held on behalf of that client;
       (d) to pay for expenses that are incidental to administering the special account;
       (e) to reduce the balance of the special account (and, therefore, the available appropriation for the special account) without making a real or notional payment.

         Note 1 Subsection 78(4) of the PGPA Act appropriates the Consolidated Revenue Fund for payments made with amounts debited from the special account. Subsection 78(6) of the PGPA Act provides that whenever an amount is debited against the appropriation, the amount is taken to be also debited from the special account.

         Note 2 An amount may be debited from the special account where:
            (a) it has been incorrectly credited by virtue of a clerical mistake; or
            (b) it has been credited through the exercise of a discretion by an official and the exercise of that discretion was actuated by a fundamental mistake of fact or law. Legal advice should be obtained before an amount is debited on this basis.

Endnotes

Endnote 1—About the endnotes
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Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history

Abbreviation key—Endnote 2
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Legislation history and amendment history—Endnotes 3 and 4
Amending laws are annotated in the legislation history and amendment history.

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Editorial changes
The Legislation Act 2003 authorises First Parliamentary Counsel to make editorial and presentational changes to a compiled law in preparing a compilation of the law for registration. The changes must not change the effect of the law. Editorial