Public Governance, Performance and Accountability (Consequential and Transitional Provisions) Act 2014 (62 of 2014)

Schedule 5   Corporate status of bodies

Part 4   Other bodies continuing as bodies corporate

Offshore Petroleum and Greenhouse Gas Storage Act 2006

89   Transitional - transferring balance of the special account

(1) The Commonwealth must pay to NOPSEMA an amount equal to the balance of the National Offshore Petroleum Safety and Environmental Management Authority Special Account immediately before the commencement of this item.

(2) An amount payable under subitem (1) is to be paid out of the Consolidated Revenue Fund, which is appropriated accordingly.