New South Wales Consolidated Acts
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CATCHMENT MANAGEMENT AUTHORITIES ACT 2003 - SECT 30
Funds of authorities
30 Funds of authorities
(1) An authority is to establish a Fund, to be called “[Name of authority]
Fund”.
(2) The money in a Fund may be kept in one or more financial
institutions (including in the Special Deposits Accounts). A Fund does not
form part of the Consolidated Fund.
(3) There is to be paid into a Fund all
money received by or on account of the relevant authority.
(4) There is to be
paid from a Fund all amounts required to meet expenditure incurred by the
relevant authority in the exercise of its functions.
(5) This section does
not apply to money that is required to be paid into, or that is paid from, the
Environmental Water Trust Fund of an authority under section 30A.
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