Document ID: chunk:federal_register_of_legislation:C2017C00304:section:27
Version: federal_register_of_legislation:C2017C00304
Segment Type: section
Provision Reference: s 27
Character Range: 35989–36964

27  Money of Organisation
 (1) There is payable to the Organisation such money as is appropriated by the Parliament for the purposes of the Organisation.
 (2) The Finance Minister may give directions as to the amounts in which, and the times at which, money referred to in subsection (1) is to be paid to the Organisation.
 (3) The money of the Organisation shall be applied only:
 (a) in payment or discharge of the expenses, charges, obligations and liabilities incurred or undertaken by the Organisation in the performance of its functions and the exercise of its powers;
 (b) in payment of remuneration and allowances payable under this Act (other than Part VIIA); and
 (c) in making any other payments required or permitted to be made by the Organisation.
 (4) Subsection (3) 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 the Organisation.