Document ID: chunk:federal_register_of_legislation:C2013C00589:clause:1_102
Version: federal_register_of_legislation:C2013C00589
Segment Type: clause
Provision Reference: sch 1 cl 102
Character Range: 131886–132535

102  The NRS Account
 (1) There is continued in existence the NRS Account.
Note: The Account was established by subsection 5(3) of the Financial Management Legislation Amendment Act 1999.
 (2) The NRS Account is a Special Account for the purposes of the Financial Management and Accountability Act 1997.
 (3) The purpose of the NRS Account is to make payments to the NRS provider under the NRS contract.
 (4) The following amounts must be credited to the NRS Account:
 (a) amounts of NRS levy that are paid to the Commonwealth;
 (b) interest from the investment of an amount standing to the credit of the NRS Account.

Telstra Corporation Act 1991