Commonwealth Consolidated Acts

NATIONAL GALLERY ACT 1975 - SECT 36

(1)

There is established by this subsection a fund, to be known as the National Gallery of Australia Fund.

(2)

Income received from the investment of money standing to the credit of the Fund forms part of the Fund.

(3)

There shall be paid into the Fund:

(a) gifts and bequests of money accepted by the Gallery after the commencement of this section otherwise than on trust;
(b) money received by the Gallery after that commencement from the disposal of gifts, devises, bequests and assignments of property accepted by the Gallery, whether before or after that commencement, otherwise than on trust; and
(c) so much of the money held by the Gallery in bank accounts otherwise than on trust immediately before that commencement as the Minister, by notice in writing given to the Gallery within 21 days after that commencement, determines.