In forceAmended2020 Revised Edition

Contents

Public Transport Council Act 1987 · 2020 Revised Edition · Part 4 · Public Transport Fund

20. Expenses

Amended

Last amended by an amending law of 2015.

(1)

All costs, expenses and charges incurred in relation to making any investment of moneys in the Public Transport Fund must be charged upon and are payable out of that Fund.

(2)

All other expenses incidental to or arising from the administration and management of moneys in the Public Transport Fund must be charged upon and are payable out of the Public Transport Fund, including but not limited to the following:

(a)

the cost of auditing the accounts of the Public Transport Fund, and the remuneration of the auditor if he or she is not the Auditor‑General;

(b)

all reasonable legal costs and all reasonable expenses incurred by the LTA in connection with the collection or attempted collection of any outstanding amounts (including any interest) of financial penalties referred to in section 18(1)(c);

(c)

all reasonable expenses incurred by any public authority or person whom the Minister appoints under regulations made under section 27 to disburse financial assistance using moneys in the Public Transport Fund in carrying out their duties under that appointment and doing any thing incidental to or in connection with the purposes of that appointment.

(3)

However, no remuneration or allowances payable to a public officer may be met out of moneys in the Public Transport Fund.[11C