(1) WorkCover may establish funds and accounts.
(2) WorkCover must pay into the funds and accounts all amounts received by it.
(3) WorkCover may pay out of a WorkCover fund—(a) amounts in relation to policies, whether of accident insurance or other insurance business undertaken by or for WorkCover; or(b) amounts for the administration of accident insurance or other insurance business undertaken by or for WorkCover; or(c) amounts WorkCover considers appropriate for the performance of its functions; or(d) other amounts that WorkCover may or must pay for any purpose under this or another Act.