South Australian Current Acts

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NATIONAL PARKS AND WILDLIFE ACT 1972 - SECT 45M

45M—Establishment of Fund

        (1)         The General Reserves Trust Fund continues in existence as the General Reserves Fund.

        (2)         The fund is under the management and control of the Minister.

        (3)         The fund consists of—

            (a)         money provided by Parliament for the purposes of the fund; and

            (b)         fees paid for entrance to reserves other than reserves in relation to which a specific Trust has been established and determined that it is to retain such fees; and

            (c)         money that—

                  (i)         is payable pursuant to a lease, licence or other agreement entered into by the Minister or Director under section 35 in relation to a reserve other than a reserve in relation to which a specific Trust has been established; and

                  (ii)         the Minister or Director has directed be paid into the fund; and

            (d)         fees or other money not referred to in paragraph (c) paid for—

                  (i)         the use of a reserve other than a reserve in relation to which a specific Trust has been established; or

                  (ii)         the use of facilities or services provided on a reserve other than a reserve in relation to which a specific Trust has been established; and

            (da)         money required to be paid into the Fund under the Wilderness Protection Act 1992 ; and

            (e)         money borrowed by the Minister with the approval of the Treasurer for the purposes of the fund; and

            (f)         any donation or grant made for the purposes of the fund; and

            (g)         interest and accretions arising from investment of the fund.

        (4)         The Minister may apply the fund—

            (a)         for or in relation to the development and management of one or more reserves; and

            (b)         in repayment of money borrowed by the Minister for the purposes of the fund and interest payable in respect of that money; and

            (c)         for or in relation to the management and control of the fund.



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