Commonwealth Numbered Acts

ABORIGINAL LAND (LAKE CONDAH AND FRAMLINGHAM FOREST) ACT 1987 No. 34 of 1987 - SECT 38

38. (1) A trust fund is established to be known as the Condah Land Trust Fund.

(2) There shall be paid into the Condah Land Trust Fund, from time to time,
out of the Consolidated Revenue Fund, amounts determined by the regulations.

(3) A trust fund is established to be known as the Framlingham Forest Trust
Fund.

(4) There shall be paid into the Framlingham Forest Trust Fund, from time to
time, out of the Consolidated Revenue Fund, amounts determined by the
regulations.

(5) The Consolidated Revenue Fund is appropriated for the purpose of making
the payments referred to in subsections (2) and (4).

(6) The Minister shall establish and administer an Aboriginal Advancement
Trust Fund for the purpose of furthering the social and economic advancement
of Aboriginal people living in the State of Victoria.

(7) Moneys in the Condah Land Trust Fund shall be distributed by the Minister
as follows:

   (a)  one-half shall be paid to the Kerrup-Jmara Elders Aboriginal
        Corporation;

   (b)  one-half shall be paid into the Aboriginal Advancement Trust Fund.

(8) Moneys in the Framlingham Forest Trust Fund shall be distributed by the
Minister as follows:

   (a)  one-half shall be paid to the Kirrae Whurrong Aboriginal Corporation;

   (b)  one-half shall be paid into the Aboriginal Advancement Trust Fund.

(9) The Minister may pay money out of the Aboriginal Advancement Trust Fund
for any of the purposes mentioned in subsection (6).

(10) The Minister may, at any time, direct that, from a specified date:

   (a)  the funds of the Aboriginal Advancement Trust Fund at that date are to
        be transferred to; and

   (b)  one-half of the royalties paid into the Framlingham Forest Trust Fund
        or the Condah Land Trust Fund (which would otherwise be paid into the
        Aboriginal Advancement Trust Fund under paragraph (7) (b) or (8) (b))
        are to be paid to; a body nominated by that Minister that is
        representative of Aboriginals and is established and administered by
        Aboriginals for the advancement of Aboriginals.

(11) A Trust Fund shall be a Trust Account for the purposes of section 62A of
the Audit Act 1901.

(12) Interest received from the investment of money standing to the credit of
a Trust Fund forms part of that Fund.