Western Australian Current Acts

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SMALL BUSINESS DEVELOPMENT CORPORATION ACT 1983 - SECT 19

19 .         Small Business Development Corporation Account

        (1)         There continues to be an account called the Small Business Development Corporation Account which is an agency special purpose account under the Financial Management Act 2006 section 16.

        (2)         The Small Business Development Corporation Account must be credited with the following —

            (a)         money received by, made available to, or payable to, the Corporation in the performance of functions under this or any other Act;

            (b)         money received by, made available to, or payable to, the Commissioner in the performance of functions under this or any other Act;

            (c)         money appropriated by Parliament to, or otherwise lawfully received for, the Small Business Development Corporation.

        (3)         Money held in the Small Business Development Corporation Account may be applied for the following —

            (a)         in payment of the costs of the administration of this Act;

            (b)         to fund the services and facilities provided by the Corporation under this or any other Act;

            (ba)         to pay the financial assistance, grants or operational funding given under section 11AA(1);

            (c)         in payment of the costs and expenses incurred in the performance of the functions of the Commissioner under this or any other Act.

        [Section 19 inserted: No. 20 of 2011 s. 24; amended: No. 4 of 2022 s. 7.]

[ 20.         Deleted: No. 20 of 2011 s. 25.]



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