New South Wales Consolidated Acts

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ENVIRONMENTAL PLANNING AND ASSESSMENT ACT 1979 - SECT 7.35

Funds generally

7.35 Funds generally

(cf previous s 129)

(1) In connection with the Account referred to in section 7.34, there shall be created in the books of the Department the following funds--
(a) a Development Fund in respect of each development area (each of which funds is referred to in this Part as a
"Development Fund" ), and
(b) the Trust Fund (which is referred to in this Part as
"the Trust Fund" ).
(2) The funds shall be separate and distinct.
(3) The funds are to be administered by the Planning Ministerial Corporation.



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