Victorian Current Acts

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S. 31(1) amended by Nos 61/1996 s. 27(a), 46/1998 s. 7(Sch. 1), 11/2001 s. 3(Sch. item 41.2).

    (1)     The Board may establish and keep in any authorised deposit-taking institution or institutions an account or accounts in the name of the Board approved for the purpose by the Minister administering Part 7 of the Financial Management Act 1994 .

S. 31(2) amended by Nos 61/1996 s. 27(a), 11/2001 s. 3(Sch. item 41.3).

    (2)     The Board must pay into any account or accounts referred to in subsection (1) all money received by it, other than money to which subsection (4) applies, and may make out of an account any payment for or towards the costs and expenses of or incidental to the performance of functions or exercise of powers of the Board under this Act.

S. 31(3) amended by No. 104/1995 s. 6(Sch. 1 item 14), repealed by No. 61/1996 s. 27(b).

    *     *     *     *     *

S. 31(4) amended by No. 61/1996 s. 27(a).

    (4)     This section does not apply to money received or paid out by the Board subject to and in accordance with the terms of a special trust.

S. 32 substituted by No. 61/1996 s. 28.

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