New South Wales Consolidated Acts
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HOME BUILDING ACT 1989 - SECT 114
Home Building Administration Fund
114 Home Building Administration Fund
(1) The Secretary is to cause to be maintained in the accounting records of
the Department of Customer Service a Home Building Administration Fund.
(2)
The Home Building Administration Fund is to consist of-- (a) that proportion
of prescribed fees for the issue of contractor licences, supervision or
tradesperson certificates or owner-builder permits as may be determined by the
Minister, and
(b) any amount required to be paid into the Fund, and
(c)
income from investment of the Fund.
(3) Money in the Fund is to be applied by
the Secretary, with the consent of the Minister, for-- (a) meeting the costs
of operating the scheme for resolving building disputes, and
(b) meeting the
costs of administering this Act and any other Act prescribed by the
regulations, and
(c) the making of any investments authorised under Part 6 of
the Government Sector Finance Act 2018 .
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