Commonwealth Consolidated Acts

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SCREEN AUSTRALIA ACT 2008 - SECT 40

Application of money by Screen Australia

  (1)   The money of Screen Australia is to be applied only:

  (a)   in payment or discharge of the costs, expenses and other obligations incurred or undertaken by Screen Australia 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 Screen Australia.



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