Commonwealth Consolidated Acts

AUSTRALIAN WAR MEMORIAL ACT 1980 - SECT 33

(1)

Moneys (including moneys standing to the credit of the Fund) held by the Memorial otherwise than upon trust shall be applied only:

(a)

in payment or discharge of the costs, expenses and other obligations incurred by the Memorial in the performance of its functions or the exercise of its powers under this Act; and

(b)

in payment of any remuneration and allowances payable to any person under this Act.

(2)

Subsection (1) does not prevent investment of surplus money of the Memorial under section 18 of the Commonwealth Authorities and Companies Act 1997 .