New South Wales Consolidated Acts New South Wales Consolidated ActsFor the purposes of this Act, the "Revolving Fund Scheme" is the scheme under which the Trust:
(a) buys or otherwise acquires land that is significant for the conservation of natural heritage (and any cultural heritage associated with natural heritage), and
(b) arranges for a covenant to be registered on the title to the land to protect that heritage, and
(c) sells or leases the land subject to that covenant, and
(d) uses the proceeds of the sale or lease for the acquisition of further land referred to in paragraph (a) for the purposes of dealing with that land in accordance with paragraphs (b) and (c) and using the proceeds of the sale or lease as set out in this paragraph.