Commonwealth Numbered Acts

NATURAL HERITAGE TRUST OF AUSTRALIA ACT 1997 No. 76, 1997 - SECT 9

(1) Money in the Reserve that represents proceeds of the sale of shares in
Telstra may only be debited for the following purposes:

   (a)  the National Vegetation Initiative;

   (b)  the Murray-Darling 2001 Project;

   (c)  the National Land and Water Resources Audit;

   (d)  the National Reserve System;

   (e)  the Coasts and Clean Seas Initiative;

   (f)  environmental protection (as defined by section 15), being
        environmental protection that involves the carrying out of a project,
        or a program, the primary objective of which is to maintain or
        replenish Australia's environmental infrastructure;

   (g)  supporting sustainable agriculture (as defined by section 16), being
        support that involves the carrying out of a project, or a program, the
        primary objective of which is to maintain or replenish Australia's
        environmental infrastructure;

   (h)  natural resources management (as defined by section 17), being natural
        resources management that involves the carrying out of a project, or a
        program, the primary objective of which is to maintain or replenish
        Australia's environmental infrastructure;

   (i)  a purpose incidental or ancillary to any of the above purposes;

   (j)  the making of grants of financial assistance for any of the above
        purposes.

(2) Money in the Reserve that represents interest earned by the Trust may be
debited for any purpose of the Reserve.