(1) For the purposes
of reviewing, amending, carrying out and giving effect to the Metropolitan
Region Scheme, the Swan Valley Planning Scheme and any improvement scheme that
has effect in part or all of the metropolitan region, an agency special
purpose account called the Metropolitan Region Improvement Account is
established under section 16 of the Financial Management Act 2006 .
(2) The Commission is
to control the MRI Account and the MRI Account may be operated for the
purposes set out in subsection (1) in such manner as from time to time the
Treasurer approves and is by this section authorised to approve.
(3) The Commission is
to credit to the MRI Account —
(a)
moneys appropriated to the MRI Account under section 201(2); and
(b) any
purchase moneys or rents or profits or other money received by the Commission
from land acquired by it or arising out of the use or occupation of the land
by the Commission; and
(c)
moneys borrowed by the Commission for the performance of any function referred
to in section 14 in relation to the metropolitan region; and
(d) any
other payments made to the Commission in connection with the performance of a
function referred to in paragraph (c).
[Section 198 amended: No. 77 of 2006 Sch. 1 cl.
127(3) and (5); No. 28 of 2010 s. 19; No. 45 of 2020 s. 86.]