Document ID: chunk:federal_register_of_legislation:C2016C00418:clause:5_683
Version: federal_register_of_legislation:C2016C00418
Segment Type: clause
Provision Reference: sch 5 cl 683
Character Range: 119863–120394

683  Application of money by NOPSEMA
 (1) The money of NOPSEMA is to be applied only:
 (a) in payment or discharge of the costs, expenses and other obligations incurred by NOPSEMA in the performance of its functions and the exercise of its powers; and
 (b) in payment of any remuneration or allowances payable under this Act.
 (2) Subsection (1) does not prevent investment, under section 59 of the Public Governance, Performance and Accountability Act 2013, of money that is not immediately required for the purposes of NOPSEMA.