New South Wales Consolidated Acts

HERITAGE ACT 1977 - SECT 104

104 Payments into the Fund

(1) There shall be paid into the Fund--

(a) any money appropriated by Parliament for the purposes of the Fund,

(b) money borrowed by the corporation,

(c) all money received in respect of--

(i) fees and charges under this Act or the regulations,

(ii) penalties recovered pursuant to this Act or the regulations, and

(iii) policies of insurance under which money is paid to the corporation with respect to any property in the custody or under the control of the corporation,

(d) any money acquired by the corporation pursuant to section 115,

(e) any money received by the corporation pursuant to section 116, and

(f) any other money received in connection with the administration of this Act, other than money received in such circumstances as may be prescribed.

(2) Where any money acquired by the corporation pursuant to section 115 is subject to any condition to which it has agreed, the money shall be carried to a separate account in the Fund and shall be applied in accordance with the condition.

(3) Any money referred to in subsection (2) may, pending application in accordance with the condition so referred to, be invested by the corporation with the Treasurer or in any manner in which trustees are for the time being authorised to invest trust funds.