New South Wales Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

WATER MANAGEMENT ACT 2000 - SECT 384

Water Investment Trust Fund

384 Water Investment Trust Fund

(1) There is to be established in the Special Deposits Account a Water Investment Trust Fund into which are to be paid--
(a) such money as may be raised by way of water investment contributions pursuant to this Part, and
(b) such money as may be appropriated by Parliament for payment into the Fund, and
(c) the proceeds of investment of money in the Fund, and
(d) any gift or bequest of money to the Trust, and
(e) such other money as is required or permitted to be paid into the Fund.
(2) Money in the Trust Fund may be used--
(a) for the purpose of enabling the Trust to exercise its functions, and
(b) to cover the costs incurred by the Trust in administering this Part.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback