Document ID: chunk:federal_register_of_legislation:C2004A00360:clause:1_11
Version: federal_register_of_legislation:C2004A00360
Segment Type: clause
Provision Reference: sch 1 cl 11
Character Range: 13977–14650

11  Expenditure

 (1) Money of the Authority may only be spent:
 (a) in payment or discharge of expenses and liabilities incurred by the Authority in the performance of its functions under this Act; or
 (b) in payment of remuneration and allowances payable under this Act; or
 (c) in reimbursing the Grains Council, in accordance with any guidelines issued by the Minister, for expenditure reasonably incurred by the Grains Council in connection with meetings of the Grains Council referred to in section 15.

 (2) Subsection (1) does not prevent investment of surplus money of the Authority under subsection 19(3) of the Commonwealth Authorities and Companies Act 1997.