Commonwealth Numbered Acts

CLEAN ENERGY FINANCE CORPORATION ACT 2012 (NO. 104, 2012) - SECT 53

             (1)  The Corporation's money consists of:

                     (a)  money paid to the Corporation under subsection 49(2); and

                     (b)  any other money received by the Corporation.

             (2)  The Corporation's money is to be applied only:

                     (a)  in performing its investment function; and

                     (b)  in paying or discharging the costs, expenses and other obligations incurred by the Corporation in the performance of the Corporation's functions; and

                     (c)  in paying any remuneration and allowances payable to any person under this Act; and

                     (d)  in making payments to the Commonwealth under section 54.

             (3)  Subsection (2) does not prevent the Corporation investing money in accordance with section 18 of the Commonwealth Authorities and Companies Act 1997 .