Consolidated Fund which is, by this subsection, accordingly appropriated to the necessary extent. (2) If the Tribunal makes an award of assistance S. 69(2) amended by under this Act, it must cause an order in writing to No. 52/1998 be drawn up and given to the person to whom the s. 311(Sch. 1 item 101.7(a)). award is made. (3) Money is only payable out of the Consolidated S. 69(3) amended by Fund in satisfaction of an award of assistance on No. 52/1998 presentation of a written order of the Tribunal or s. 311(Sch. 1 item 101.7(b)). the Victorian Civil and Administrative Tribunal, as the case requires. (4) All money refunded under this Act or, subject to section 51, otherwise paid to or recovered by the State in accordance with this Act must be paid into the Consolidated Fund. 70 Investment of trust money (1) The whole or any part of any money held by the Tribunal on trust for a person may, except where otherwise provided by this or any other Act, whether already in a state of investment or not, be invested— (a) on deposit with an authorised deposit-taking S. 70(1)(a) substituted by institution within the meaning of the No. 11/2001 Banking Act 1959 of the Commonwealth; or s. 3(Sch. item 85). (b) in the manner in which trust money may be invested by a trustee under the Trustee Act 1958. (2) All income derived from the investment of money under subsection (1) must be paid to the person beneficially entitled to the invested money. 70A Money held by Tribunal for person under disability S. 70A inserted by No. 30/2004 s. 9.
Consolidated Fund which is, by this subsection, accordingly appropriated to the necessary extent. S. 69(2) amended by No. 52/1998 s. 311(Sch. 1 item 101.7(a)). (2) If the Tribunal makes an award of assistance under this Act, it must cause an order in writing to be drawn up and given to the person to whom the award is made. S. 69(3) amended by No. 52/1998 s. 311(Sch. 1 item 101.7(b)). (3) Money is only payable out of the Consolidated Fund in satisfaction of an award of assistance on presentation of a written order of the Tribunal or the Victorian Civil and Administrative Tribunal, as the case requires. (4) All money refunded under this Act or, subject to section 51, otherwise paid to or recovered by the State in accordance with this Act must be paid into the Consolidated Fund. 70 Investment of trust money (1) The whole or any part of any money held by the Tribunal on trust for a person may, except where otherwise provided by this or any other Act, whether already in a state of investment or not, be invested— S. 70(1)(a) substituted by No. 11/2001 s. 3(Sch. item 85). (a) on deposit with an authorised deposit-taking institution within the meaning of the Banking Act 1959 of the Commonwealth; or (b) in the manner in which trust money may be invested by a trustee under the Trustee Act 1958. (2) All income derived from the investment of money under subsection (1) must be paid to the person beneficially entitled to the invested money. S. 70A inserted by No. 30/2004 s. 9. 70A Money held by Tribunal for person under disability
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