Victorian Numbered Acts

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VETERANS ACT 2005 (NO 98 OF 2005) - SECT 20

Victorian Veterans Fund

    (1)     There shall be kept in the Trust Fund under the Financial Management Act 1994 an account to be called the "Victorian Veterans Fund".

    (2)     There must be paid into the Victorian Veterans Fund

        (a)     all donations and bequests made to the Victorian Veterans Fund;

        (b)     any other money that is authorised to be paid into the Victorian Veterans Fund under any Act;

        (c)         money appropriated by Parliament for the purposes of the Victorian Veterans Fund;

        (d)         any money that is transferred into the Victorian Veterans Fund under Part 4;

        (e)     income from the investment of any part of the Victorian Veterans Fund.

    (3)     There may be paid out of the Victorian Veterans Fund for any of the following purposes any amount determined by the Victorian Veterans Council

        (a)         to educate Victorians about Victoria's involvement in Australia's war and service history (including conflicts, peacemaking and peacekeeping);

        (b)     to honour or commemorate the service or sacrifice of veterans;

        (c)     to assist the education of veterans' dependants;

        (d)         any other purpose agreed in writing by the Minister.

    (4)     The Victorian Veterans Council may invest any part of the Victorian Veterans Fund not immediately required for the purposes of the Victorian Veterans Fund in any manner approved by the Treasurer.



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