Commonwealth Consolidated Acts

CRIMINOLOGY RESEARCH ACT 1971 - SECT 47

             (1)  Moneys in the Fund, other than moneys to which subsection (2) applies, shall be applied only:

                     (a)  in the making of payments for use for such purposes of, or related to, criminological research (including the dissemination of information and advice, and the publication of reports, periodicals, books and papers, in connexion with criminological research and the results of criminological research) as are determined by the Council; or

                     (b)  in the discharge of any obligations or liabilities of the Council arising under this Act.

             (2)  Where a gift or bequest made to the Fund or to the Council is subject to conditions in relation to the purposes for which it is to be applied, the moneys paid into the Fund as a result of the gift or bequest, and any income derived from the investment of those moneys, shall be applied only for those purposes and subject to those conditions.

             (3)  Surplus money of the Fund may be invested, in the name of the Council, under section 18 of the Commonwealth Authorities and Companies Act 1997 , unless subsection (2) applies to the money and the conditions referred to in that subsection specify the manner in which the money is to be or may be invested. In that case, the money may only be invested in accordance with those conditions.