Victorian Current Acts

FINANCIAL MANAGEMENT ACT 1994 - SECT 37

S. 37(1) amended by Nos 75/1994 s. 7(1)(c), 1/1998
s. 12(1)(a).

    (1)     There may be issued out of the Public Account—

        (a)     money required for payment by the Minister by agreement with or on account of any other Government;

S. 37(1)(b) amended by No. 75/1994 s. 7(1)(c).

        (b)     money required for payment by the Minister to or on account of an authority or public body—

pending repayment by the Government or authority or public body.

S. 37(2) amended by Nos 75/1994 s. 7(1)(c), 1/1998
s. 12(1)(b)(i).

    (2)     If the Minister so determines, interest must be paid by an authority or public body on money issued to it under this section—

        (a)     at such rate or rates calculated on such basis or bases as are determined by the Minister from time to time; and

S. 37(2)(b) amended by No. 1/1998
s. 12(1)(b)(ii).

        (b)     when the money is refunded and paid into the Public Account.