(1) An account called
the Modified Penalties Revenue Account must be established —
(a) as
an operating account; or
(b) as
part of an operating account of the department nominated by the Director
General.
(2) The following must
be credited to the Modified Penalties Revenue Account —
(a)
money received by the Director General as payment of modified penalties;
(b) any
other money received by the Director General in connection with infringement
notices given under section 126;
(c) any
other money lawfully payable to the account.