Section 31 is
repealed and the following section is inserted instead —
“
31. Accounts
(1) In this section
—
"account" means an account held —
(a) as
part of the Trust Fund; or
(b) with
the Treasurer’s approval, at a bank as defined in section 3(1) of
the Financial Administration and Audit Act 1985 .
(2) The Authority is
to maintain one or more accounts.
(3) Money received by
the Authority is to be credited to, and expenditure of the Authority is to be
paid from, an account maintained by it.
”.